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How to nullify click event that is bound to an element?

I see how you might do this with an onclick event: How do you override inline onclick event?
However there is an event which seems to be bound to a specific HTML element that I would like to remove/nullify.
Here is how it is bound with jQuery:
$('.play-control').bind('click', function(evt){
player.play();
});
Using the SE link I provided above does not "disassociate" the original binding. Seems to only work with onclick events.
How then would I "unbind" an event binding in Javascript (or jQuery)?

You can unbind all click handlers hooked up with jQuery using unbind or, with more up-to-date versions of jQuery, off:
$('.play-control').unbind('click');
// or
$('.play-control').off('click');
But unless you can change that code hooking up that handler, you can't unhook just that specific one without delving into jQuery internal data structures which can change without notice between dot releases.
If you can change that code, here are two ways you could target just that handler:
1. Use a named function:
Hooking it up:
function playClick(evt){
player.play();
}
$('.play-control').on('click', playClick); // Or use `bind`
Unhooking it:
$('.play-control').off('click', playClick); // Or use `unbind`
2. Use an "event namespace":
Hooking it up:
$('.play-control').on('click.play', function(evt){ // Or use `bind`
player.play();
});
Unhooking it:
$('.play-control').off('click.play'); // Or use `unbind`
Note the .play added to click.
More in the documentation: on, off

Event handlers attached with .bind() can be removed with .unbind().
(As of jQuery 1.7, the .on() and .off() methods are preferred to
attach and remove event handlers on elements.) In the simplest case,
with no arguments, .unbind() removes all handlers attached to the
elements: http://api.jquery.com/unbind/
According to Jquery, use of off and on is preferred
$(document).bind('click', '.play-control', function(evt){
player.play();
})
$('.play-control').off('click');

.bind not working for dynamically creating id?

I am trying to bind to dynamically changing id , the code works fine for static id but once i used to bind dynamically its not binding .
$("#placeholder"+id).bind("\""+"plothover"+id+"\"", function (event, pos, item) {--some code here --}
If use in this way it works fine
$("#placeholder"+id).bind("plothover", function (event, pos, item) {--some code here --}

This is due to bind not working for dynamic elements, taken from the jQuery site:
As of jQuery 1.7, the .on() method is the preferred method for
attaching event handlers to a document. For earlier versions, the
.bind() method is used for attaching an event handler directly to
elements. Handlers are attached to the currently selected elements in
the jQuery object, so those elements must exist at the point the call
to .bind() occurs. For more flexible event binding, see the discussion
of event delegation in .on() or .delegate().
The solution here is to use the .on method.
We also need to know which event you want to catch, bind is binding an event to an element, such as "click". At the minute, you seem to not be binding to any specific event.

Try by including "live" method instead of "bind".

If your element is not yet created .bind() will not work! You have to use .live()
http://api.jquery.com/live/
It binds the event one time on the parent element and you handle all child events from there. It's the right approach and that way you have just one event on the parent which prevents memory leaks if you don't remove properly the dynamic elements.
Ooops:
As of jQuery 1.7, the .live() method is deprecated. Use .on() to attach event handlers. Users of older versions of jQuery should use .delegate() in preference to .live().
But it still doing the same stuff : )

Use the 'on' function:
use as bind - $(el).on('event name',callback);
use as live - $(el parent).on('event name','element selector',[may be some data],callback)
namespace - $(el).on('namespace.event',callback)
data - $(el).on('event',{col: varCol},callback)

Why use jQuery on() instead of click()

Currently with jQuery when I need to do something when a Click occurs I will do it like this...
$(".close-box").click( function() {
MoneyBox.closeBox();
return false;
});
I was looking at some code someone else has on a project and they do it like this...
$(".close-box").live("click", function () {
MoneyBox.closeBox();
return false;
});
Notice it seems to do the same thing as far as I can tell except they are using the live() function which is now Deprecated and jQuery docs say to use on() instead but either way why use live/on() instead of my first example?

Because you might have a dynamically generated elements (for example coming from an AJAX call), you might want to have the same click handler that was previously bound to the same element selector, you then "delegate" the click event using on() with selector argument
To demonstrate:
http://jsfiddle.net/AJRw3/
on() can also be synonymous with click() if you don't have a selector specified:
$('.elementClass').click(function() { // code
});
is synonymous with
$('.elementClass').on('click', function() { // code
});
In the sense that it only add the handler one time to all elements with class elementClass. If you have a new elementClass coming from, for example $('<div class="elementClass" />'), the handler won't be bound on that new element, you need to do:
$('#container').on('click', '.elementClass', function() { // code
});
Assuming #container is .elementClass's ancestor

There are a lot of answers, each touching on a few points - hopefully this can give you your answer, with a good explanation of what's what and how to use it.
Using click() is an alias to bind('click' ...). Using bind() takes the DOM as it is when the event listener is being set up and binds the function to each of the matching elements in the DOM. That is to say if you use $('a').click(...) you will bind the function supplied to the click event of every anchor tag in the DOM found when that code runs.
Using live() was the old way in jQuery; it was used to bind events just like bind() does, but it doesn't just bind them to elements in the DOM when the code runs - it also listens to changes in the DOM and will bind events to any future-matched elements as well. This is useful if you're doing DOM manipulation and you need an event to exist on some elements that may get removed/updated/added to the DOM later but don't exist when the DOM is first loaded.
The reason that live() is now depreciated is because it was poorly implemented. In order to use live(), you had to be able to select at least one element in the DOM initially (I believe). It also caused a copy of the function to run to be bound to each element - and if you have 1000 elements, that's a lot of copied functions.
The creation of the on() function was to overcome those problems. It lets you bind a single event listener to an object that will not change in the DOM (so you can't use on() on an element that will be removed/added to the DOM later - bind it to a parent object), and simply apply an element "filter" so that the function is only run when it is bubbled up to an element that matches the selector. This means you have just one function that exists (not a bunch of copies) bound to a single element - a much better approach to adding "live" events in the DOM.
... and that is what the differences are, and why each function exists and why live() is depreciated.

$("a").live() --> It will apply to all <a>, even if it is created after this is called.
$("a").click() --> It will only apply to all <a> before this is called. (This is a shortcut of bind(), and on() in 1.7)
$("a").on() --> Provides all functionality required for attaching event handlers. (Newest in jQuery 1.7)
Quotes:
As of jQuery 1.7, the .live() method is deprecated. Use .on() to attach event handlers. Users of older versions of jQuery should use .delegate() in preference to .live().This method provides a means to attach delegated event handlers to the document element of a page, which simplifies the use of event handlers when content is dynamically added to a page. See the discussion of direct versus delegated events in the .on() method for more information.
The .on() method attaches event handlers to the currently selected set of elements in the jQuery object. As of jQuery 1.7, the .on() method provides all functionality required for attaching event handlers.
For earlier versions, the .bind() method is used for attaching an event handler directly to elements.

click() is a shortcut to the non delegation method of on(). So:
$(".close-box").click() === $(".close-box").on('click')
To delegate events with on(), ie. in dynamic created objects you can do:
$(document).on('click', '.close-box') // Same as $('.close-box').live()
But, on() introduces delegation in any static element, not just document as live() does, so:
$("#closestStaticElement").on('click', '.close-box')

You should read up on the difference between live and bind.
In a nutshell, live uses event delegation, allowing you to bind to elements that exist now and in the future.
In contrast, handlers attached via bind (and its shortcuts, like click) attach handlers directly to the DOM elements matching the selector, and therefore are only bound to elements that exist now.
A consequence of live's flexibility is decreased performance, so only use it when you need the functionality it provides.

$el.click(fn) is a shortcut for $el.on('click', fn)
See http://api.jquery.com/click/ and http://api.jquery.com/on/ for more info.

When you need to bind some event handlers to dynamically added elements you have to use live (deprecated) or on make the it working. Simply $('element').click(...); won't work on any dynamically added element in to the DOM.
More on The Difference Between jQuery’s .bind(), .live(), and .delegate().

$.click() is merely a shortcut for either bind or on. From jQuery docs:
In the first two variations, this method is a shortcut for .bind("click", handler), as well as for .on("click", handler) as of jQuery 1.7. In the third variation, when .click() is called without arguments, it is a shortcut for .trigger("click").

The .on() method attaches event handlers to the currently selected set of elements in the jQuery object. The click() method binds an event handler to the "click" JavaScript event, or triggers that event on an element.
In the plain .click(... if the target of the selector changes on the fly (e.g via some ajax response) then you'd need to assign the behavior again.
The .on(... is very new (jQuery 1.7) and it can cover the live scenario using delegated events which is a faster way to attach behavior anyway.

In on method, event handler is attached to the parent element instead of target.
example: $(document).on("click", ".className", function(){});
In above example, click event handler is attached to document.
And it uses event bubbling to know whether someone clicked on the target element.

jQuery click.modalEvent

Revising code of jQuery.reveal plugin (http://www.zurb.com/playground/reveal-modal-plugin) and trying to understand how it handles the modal behaviour, I see that it binds the closeModal function (that closes the popup) to the event 'click.modalEvent'.
But I can't find any information about this event, I don't know if it belongs to javascript itself or if it's part of jQuery

If the event type contains a period, it means it is namespaced and it will come in handy when you want to unbind the event. Without event namespaces, the only way to unbind a function is to unbind all events from the element, or to keep a reference to the function itself.
With namespaces, you can easily remove inline functions as well.
Assume we bind two events:
$('#element').bind('click.myEvents', function(){ /* inline function */ });
$('#element').bind('keypress.myEvents', function(){ /* inline function */ });
You can easily unbind the event using the namespace without having to create a named function:
$('#element').unbind('click.myEvents');
You can also unbind all events under the same namespace at once:
// This will get rid of both the click and keypress handlers.
$('#element').unbind('.myEvents');
For more information, see the jQuery documentation page for unbind().

it's probably custom event.
See this post.

Does the jQuery .unbind() method only work on jQuery created events?

I am trying to unbind all event handlers for all elements that are inside a particular container. Like a DIV. But those events have been bound/registered not using jQuery. Some are bound the manual way with onclick="...." or using regular native JavaScript.
But when I do something like this
$('#TheDivContainer').find('div,td,tr,tbody,table').unbind();
It does not appear to work. Which leads me to believe that the .unbind() only works if the events have been originally bound by jQuery.
Is that true? Is there another way of unbinding all events from a group of elements?
Thanks!

You are right. As in the API:
Any handler that has been attached
with .bind() can be removed with
.unbind().

Unbind will only work on jQuery created events as all methods that does this (addEventListener, and attachEvent) requires the both the node, the eventname, and the handler as an argument. bind takes care of storing these for you..
By the way, DOM0 style event listerens (.foo = function(...) can only by removed by setting the same property to something else like null.

You could always do this:
$('#TheDivContainer').find('div,td,tr,tbody,table')
.unbind('click')
.attr('onclick', ''); // edited to change null to ''
etc. for all appropriate event types.