Yes, it is to skip the rest of current iteration and move to the next one in a loop. Some purists don't like goto statements and probably extend it to break and continue. I think, if not overused, there is nothing wrong with continue and break which can get rid of program inefficiency and some unnecessary clock cycles if they were not used.
Ulisses Cruz its like fixing something with ducktape where u could just fix it properly.
its big contraversy. but personally i think its lazy coding. that being said it does have benifits in certain situations of which i do not have knowledge on. all my current and past CS teachers dock me points for the use of break and or continue.