Magnetic field
A magnetic field is a vector field that describes the magnetic influence of electrical currents and magnetized materials. In everyday life, the effects of magnetic fields are often seen in permanent magnets, which pull on magnetic materials (such as iron) and attract or repel other magnets. Magnetic fields surround and are created by magnetized material and by moving electric charges (electric currents) such as those used in electromagnets. Magnetic fields exert forces on nearby moving electrical charges and torques on nearby magnets. In addition, a magnetic field that varies with location exerts a force on magnetic materials. Both the strength and direction of a magnetic field varies with location. As such, it is an example of a vector field.
Magnet
The term "magnet" is typically reserved for objects that produce their own persistent magnetic field even in the absence of an applied magnetic field. Only certain classes of materials can do this. Most materials, however, produce a magnetic field in response to an applied magnetic field – a phenomenon known as magnetism. There are several types of magnetism, and all materials exhibit at least one of them.