Act on taxonomy terms when updated.
Modules implementing this hook can act on the term object when updated.
$term: A taxonomy term object.
Note: this list is generated by pattern matching, so it may include some functions that are not actually implementations of this hook.
function hook_taxonomy_term_update($term) {
db_update('mytable')
->fields(array(
'foo' => $term->foo,
))
->condition('tid', $term->tid)
->execute();
}