RELATED refers to the column RELATEDTABLE() is used to reference a table on the many side of the relationship. 
A simple example is to add a new calculated column to count how many sales 
there have been for each product. 
= COUNTROWS(RELATEDTABLE(SalesFact)) 

You know RELEATEDTABLE() RETURNS A TABLE, and COUNTROWS() counts the rows in that table. This calculated column in the products table honor the row context