What is the difference between Magnate and Magnet?




What is the difference between Magnate and Magnet? :


Magnate : (noun)

(
1 ) Wealthy and powerful landowner or industrialist

He is an industrial magnate.



Magnet : (noun)

(
1 ) Piece of iron which can attract iron

The pin was extracted with a magnet.


(
2 ) Person or thing that has a powerful attraction

This disco is a magnet for young people.











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