Yep, it is indeed a Tool Belt. Good language manipulation, 686. This 100% full-grain and waterproof leather securer of pants incorporates a few of your trusty everyday carry tools into its everyday weary style. (Yes, I'm a commendable language manipulator myself.)
The 686 Snow Tool Belt contains a built-in bottle opener on its buckle, along with Phillips and flathead screwdriver prongs, plus a wrench on its metal fastening bar. "Thus," 686 says, "eliminating the need to store a ratchet driver in your pocket." But creating the need to take your belt off and work with a large leather tail hanging from your hand every time a nice co-worker who just moved here from Alabama needs her desk drawer handle tightened.
Note: 686 actually designed their Snow Tool Belt for snowboarders who may need to tighten their bindings on the slopes, but most reviewers seem to have purchased one for alternative hobbies and applications.