Business Strike

Yes, you are right. Business strike coins are minted for circulation.

If you are starting out,the coins you buy from a bank teller in a roll, that comes from the mint,is a business strike.This would contrast to that offered through the mint, packaged and finshed in various ways.

Thank you for your responses.

Prior to 2005, Mint Set coins were business strikes- they came off the same presses as circulating coinage and were indistinguishable from each other. That changed with the advent of the satin finish coins in the 2005 Mint Sets. The dies receive a special finish treatment and the coins are struck on slower presses.

Circulation finish also includes Proof Like Finish.-Frosted to Semi-Mirror Relief Against a Semi Mirror Background. Coins produced between 1954 and 1967 receive the PL grade designation. These are usually specially handled sets but are also in rolls of circulation change.

The coins are produced with polished dies, struck on polished planchets and receive special handling. There are 4 major die states recorded on proof-like coins.
Ultra Heavy Cameo:full frosting across the relief of the coin both effigy and legend.
Heavy Cameo:the frosting is not full nor evenly applied across the relief of the coin.
Cameo: touches of frosting may appear on the relief of the coin.
No Cameo: no frosting, all relief areas will appear bright. There is no difference in contrast between the bright field and bright relief. Approximately each die produces;
Ultra Heavy 2 percent of coins minted.
Heavy Cameo 26 percent
Cameo 72 percent.
Most coins in circulation have no cameo.
It might take years before one finds a cameo coin in circulation.

I'm quite certain that business strikes are struck once to speed up the mass production. Compare that to proofs, which are struck at least twice.