Good suggestion. You can also do a search of the forums on "torque converter" and get lots of info.
In simple terms, the T/C serves as kind of a fluid clutch that allows the transmission to idle in gear and transition smoothly during gear changes, accelerating and stopping. It's like 2 fans facing each other, submerged in fluid. One attached to the engine and the other to the input shaft of the transmission. As the engine fan turns it causes the fluid to turn which in turn causes the transmission fan to turn. With locking T/Cs (not all trannys have locking T/Cs) there is a clutch between them which freewheels when unlocked and forms a solid connection when locked. When the T/C is unlocked and using the fluid as the connection, heat is generated because of what is called fluid shear. That's what causes overheating of the trans. fluid under certain conditions like pulling a steep hill. If the T/C is locked, there is no shear (slipping) thus little heat developed.
I'm far from an expert on this so if I'm wrong someone can, and will, correct me.
Dan