Its a binder clip! One of the greatest inventions in the business office. A small pleasure in my day when I can find the right size clip in my desk drawer.
These are wonderful for keeping your quarterly reports from investments and to be able to retrieve copies of mutual funds stocks etc. for tax info in future years.
I use these clips to keep my ribbons that are cut in small pieces organized by size and color. I wish these clips were also in color. That would make by organizing even better. The smooth edges keep my ribbons from fraying.