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Retaining rings, or circlips are economical fasteners that form fixed shoulders to secure multiple components in place. Retaining rings come in a variety of styles and finishes, and are installed either axially or radially in a housing. Internal retaining rings go into grooves or bores and housings, while external retaining rings are used on the outside of pins, studs or shafts. Pick up a set of pliers to make installing retaining pins fast and simple.