lodestone
Word family
Synonym discussion
Sense: noun/1
Lodestone is the everyday name for a naturally magnetic piece of the mineral magnetite. Magnetite is the scientific term for the iron-oxide mineral Fe₃O₄, which is common in many rocks — but only a small amount of magnetite occurs as lodestone with natural polarity. A magnet is a much broader category: it includes lodestone as well as man-made magnets made from steel, ceramic, or rare-earth metals. Loadstone is a less common spelling variant of lodestone. In practical use, say 'lodestone' when talking about historical compasses or natural magnetism; say 'magnet' for anything that sticks to your fridge.
Common collocations
Etymology
The word lodestone comes from the Middle English lode, meaning 'way' or 'course', combined with stone. The rock was called a 'way-stone' because early sailors used it in compasses to find their direction. The same root appears in lodestar (the North Star, which guided travellers) and in the modern word load (though load as 'burden' has a different origin).