TLF Text

    The three main Text Layout Framework (TLF) text types used in Flash CS6,
         Read-only: This text is neither selectable nor editable at runtime.
         Selectable: Selectable text can be selected with a mouse cursor and can be copied and pasted. It is not editable.
         Editable: Commonly used for forms and other interactive text fields, editable text can be selected and changed by a user at runtime.
         Sample     By default, TLF text boxes are horizontal, and they can be either expanding boxes, which allow to keep typing along one line as it extends to fit the type, or fixed-width boxes, which constrain the text box to a set width and auto-wrap the text to fit.
Text2    TLF text boxes in Flash include the option for left-to-right-reading or right-to-left-reading vertical text boxes.   Text3                                                                                                                                         Next...

Flash CS6 by M.Sasikala