Continuation objects are generated by Kernel#callcc, after having +require+d continuation. They hold a return address and execution context, allowing a nonlocal return to the end of the callcc block from anywhere within a program. Continuations are somewhat analogous to a structured version of C's setjmp/longjmp (although they contain more state, so you might consider them closer to threads).

For instance:

require "continuation"
arr = [ "Freddie", "Herbie", "Ron", "Max", "Ringo" ]
callcc{|cc| $cc = cc}
puts(message = arr.shift)
$cc.call unless message =~ /Max/

produces:

Freddie
Herbie
Ron
Max

This (somewhat contrived) example allows the inner loop to abandon processing early:

require "continuation"
callcc {|cont|
  for i in 0..4
    print "\n#{i}: "
    for j in i*5...(i+1)*5
      cont.call() if j == 17
      printf "%3d", j
    end
  end
}
puts

produces:

0:   0  1  2  3  4
1:   5  6  7  8  9
2:  10 11 12 13 14
3:  15 16