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Magnet

Definition: The loadstone; a species of iron ore (the ferrosoferric or
magnetic ore, Fe3O4) which has the property of attracting iron and some
of its ores, and, when freely suspended, of pointing to the poles; --
called also natural magnet.

Magnet

Definition: A bar or mass of steel or iron to which the peculiar
properties of the loadstone have been imparted; -- called, in
distinction from the loadstone, an artificial magnet.