Introduction Of Term Store Management In SharePoint Online (Office 365).
You can use the Term Store Management tool to create terms in a term set, or manage a term such as copy it or move it, reuse it. The purpose of Term Store is to maintain consistent data throughout our SharePoint online sites.
The SharePoint 2013 Term Store is a farm level repository of hierarchical term sets and terms used by SharePoint for both metadata and navigation.
Following are the steps which will help to create Term Store in SharePoint Online.
In new term set, have different stages of settings like Term set Usage which can have the many different use cases. You can hide or display tabs at time of edit term set user will able to see it.
Available to tagging: in this term set is available to use by end users and content editors of site consuming this term set.
Right click on term set and then click on Create Term.
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