FROM BOL:
You can design a Transact-SQL trigger to perform certain actions based on UPDATE or INSERT modifications to specific columns. Use UPDATE() or COLUMNS_UPDATED in the body of the trigger for this purpose.
UPDATE() tests for UPDATE or INSERT tries on one column. COLUMNS_UPDATED tests for UPDATE or INSERT actions that are performed on multiple columns and returns a bit pattern that indicates which columns were inserted or updated.
snipplet follows:
CREATE
TRIGGER [dbo].[upd_armaster_pmttermsdesc] ON [Whaley].[dbo].[armaster_all] AFTER UPDATE
AS
IF
UPDATE(terms_code) -- test for update on column, 'terms_code'