Event listeners are usually set up this way:
addEventListener([event you're looking for],[function to trigger once event happens]);
So an example would be:
myButton.addEventListener(MouseEvent.CLICK, handleClick);
It sounds like you may be talking about events themselves, though. Events are created using the following syntax:
new Event(type:String, bubbles:Boolean, cancelable:Boolean)
"Type" is the type of event and this can be constants (native to Flash such as '"MouseEvent.CLICK"') or custom types (created by you such as '"myCustomEventName"'). "Bubbles" refers to whether this event "bubbles" upward through the whole Flash application. Think of it this way: if an event "bubbles", it's as if the whatever triggered the event let out a bubble that floats upward through the Flash file and can be "seen" by the items above it. "Cancelable" refers to whether you can prevent the behavior associated with the event.
You can read all events and event listeners here: http://help.adobe.com/en_US/ActionScript/3.0_ProgrammingAS3/WS5b3ccc516d4fbf351e63e3d118a9b90204-7fca.html
Rock on!
--eric