Creates a DML, DDL, or logon trigger. A trigger is a special kind of stored procedure that automatically executes when an event occurs in the database server. DML triggers execute when a user tries to modify data through a data manipulation language (DML) event. DML events are INSERT, UPDATE, or DELETE statements on a table or view. These triggers fire when any valid event is fired, regardless of whether or not any table rows are affected.
DDL triggers execute in response to a variety of data definition language (DDL) events. These events primarily correspond to Transact-SQL CREATE, ALTER, and DROP statements, and certain system stored procedures that perform DDL-like operations. Logon triggers fire in response to the LOGON event that is raised when a user sessions is being established. Triggers can be created directly from Transact-SQL statements or from methods of assemblies that are created in the Microsoft .NET Framework common language runtime (CLR) and uploaded to an instance of SQL Server. SQL Server allows for creating multiple triggers for any specific statement.
Triggers could also help in audit trail implementation. See below example.
If you wanted to check what would be the old values and new values being altered during transaction on a particular table. Script would be like this.