Dry beef is thin sliced beef, similar to chip steak, but thinner. It has been cured, similarly as bacon.
Beef Cut: Bottom Round, or Eye of Round
(Bottom Round) This is taken off the hind and makes a good roast called rolled rump roast. it can also be made into chip steak, jerky, or dried beef.
(Eye of Round) Taken out of the hind, this is a lean and drier cut. It can also be made into a roast, chip steak, jerky, dried beef, or round steak.