Sohcahtoa is a mnemonic device used to remember the relationships between the angles and sides in right triangles based on trigonometric functions. It stands for sine (so), cosine (ca), and tangent (toa), which are defined as the ratios of the lengths of the sides of a right triangle. This handy acronym helps in identifying how to relate the angles with their opposite, adjacent, and hypotenuse sides, making it crucial for solving problems involving right triangles.