In short
The refractive index of a material is the ratio of the speed of light in vacuum to the speed of light in the material. It tells you how much the material slows light and bends it.
It is written , where is the speed of light in vacuum and is its speed in the material. Because it is a ratio of two speeds, it has no unit. It is always at least 1. A larger refractive index means slower light and a larger bend when the light enters the material from air.
The refractive index of glass is about , so light in glass travels at .
Also searched as: index of refraction, refraction index.