Consecutive interpreting is when the interpreter listens to the source-language speaker and after a sentence or a part of the speech reproduces the speech in the target language for the audience. In this system, an interpreter is not tasked to memorize words, but to recreate the meaning of the information from the speaker.
The interpreter is usually standing or sitting close to the speaker, uses a pad and pen to take notes and the microphone (if there is one) only once the speaker has finished and it is his turn to speak.