Temporary magnet
1. These magnets retain their magnetic property for a short duration of time.
2. These are made of soft iron.
3. They lose their magnetic properties once the magnetizing force is removed.
Permanent magnet
1. These magnets retain their magnetic property always.
2. These are made of iron, steel, cobalt, nickel or an alloy callçd ANILCO.
3. They retain their magnetic properties even after the magnetizing force is removed.