Term Name:	ribonuclease III activity
Synonyms:	pre-mRNA 3'-end processing endonuclease, ribonuclease 3 activity, RNase III activity
Definition:	Catalysis of the endonucleolytic cleavage of RNA with 5'-phosphomonoesters and 3'-OH termini; makes two staggered cuts in both strands of dsRNA, leaving a 3' overhang of 2 nt.
Ontology:	GO: Molecular Function [GO:0004525]    QuickGO    AmiGO