Yes.
Event bubbling and capturing (whichever is which) lets you handle events on enclosing elements. jQuery has some additional logic to make it easier by letting you specify originating (or is it destination) event target elements for which the enclosing event should be used.
Assuming a table element, you'd
$(document).on('ready', function() {
$('#enclosing').on('click', 'tr', function(e) {
var $t = $(this);
console.log('e.target: ' + e.target);
console.log('$(this): ' + $t);
console.log('First cell in row: ' + $t.children('td:first').html());
});
});