Axillary bud
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The axillary bud lies at the junction of the stem and petiole of a plant.
As the apical meristem grow and form leaves, a region of meristematic cells are left behind at the node between the stem and the leaf. These axillary buds are usually dormant, inibited by auxin produced by the apical meristem, which is known as apical dominance. If the apical meristem was removed, or has grown a sufficient distance away from an axillary bud, the axillary bud may become activated (or more appropriately freed from [hormone] inhibition). Like the apical meristem, axillary buds can develop into a stem or flower.