Magnetism
A very common source of magnetic field found in nature is a dipole, with a "South pole" and a "North pole", terms dating back to the use of magnets as compasses, interacting with the Earth's magnetic field to indicate North and South on the globe. Since opposite ends of magnets are attracted, the north pole of a magnet is attracted to the south pole of another magnet. The Earth's North Magnetic Pole (currently in the Arctic Ocean, north of Canada) is physically a south pole, as it attracts the north pole of a compass.
A magnetic field contains energy, and physical systems move toward configurations with lower energy. When diamagnetic material is placed in a magnetic field, a "magnetic dipole" tends to align itself in opposed polarity to that field, thereby lowering the net field strength. When ferromagnetic material is placed within a magnetic field, the magnetic dipoles align to the applied field, thus expanding the domain walls of the magnetic domains.
Magnet
The north pole of a magnet is defined as the pole that, when the magnet is freely suspended, points towards the Earth's North Magnetic Pole in the Arctic (the magnetic and geographic poles do not coincide, see magnetic declination). Since opposite poles (north and south) attract, the North Magnetic Pole is actually the "south" pole of the Earth's magnetic field. As a practical matter, to tell which pole of a magnet is north and which is south, it is not necessary to use the Earth's magnetic field at all. For example, one method would be to compare it to an electromagnet, whose poles can be identified by the right-hand rule. The magnetic field lines of a magnet are considered by convention to emerge from the magnet's north pole and reenter at the south pole.