JSLink is one of the greatest improvements in SharePoint rendering in 2013 – love how easy it is to override the default views. Chris O’Brien has a great post on this (early in the 2013 release cycle but still valid!)
For example, with a Term Set of Departments, where a Person can be in more than on Department (e.g. IT and Management), the JS Object will be as follows:
You will need to reference the array of objects to grab the values e.g. like the following fairly crude example:
Hope that helps!