The probability of an event occurring in the study group compared with the probability of the same event occurring in the control group, described as a ratio. If both groups face the same level of risk, the relative risk is 1. If the first group had a relative risk of 2, subjects in that group would be twice as likely to have the event happen. A relative risk of less than 1 means the outcome is less likely in the first group. Relative risk is sometimes referred to as risk ratio. It will be very similar to the odds ratio when events are rare.
NICE glossary