It's just as it sounds an LubeckTech hit it right on the head. However, for safety's sake, always use a full-length resizing die for AR style guns.
If you're in the market for a .223 sizing die, look into the RCBS X-Die. Basically, it enables you to not have to trim brass all the time. A search will yield more info. I picked one up for my .223 setup.