This section is from the "Version Control with Subversion" book, by Ben Collins-Sussman, Brian W. Fitzpatrick and C. Michael Pilato. Also available from Amazon: Version Control with Subversion.
Another common version control concept is a tag. A tag is just a “snapshot” of a project in time. In Subversion, this idea already seems to be everywhere. Each repository revision is exactly that—a snapshot of the filesystem after each commit.
However, people often want to give more human-friendly names
to tags, such as release-1.0. And they want
to make snapshots of smaller subdirectories of the filesystem.
After all, it's not so easy to remember that release-1.0 of a
piece of software is a particular subdirectory of revision
4822.