1a piece of iron that attracts objects made of iron towards it, either naturally or because of an electric current that is passed through it2[usually singular]magnet (for somebody/something)a person, place or thing that somebody/something is attracted toIn the 1990s the area became a magnet for new investment.3an object with a magnetic surface that you can stick onto a metal surfacefridge magnets of your favourite cartoon characters
ˈmæɡnət
ˈmæɡnət