Ferrofluid is a liquid that is attracted to the poles of a magnet. It is a colloidal liquid made of nanoscale ferromagnetic or ferrimagnetic particles suspended in a carrier fluid (usually an organic solvent or water). Each magnetic particle is thoroughly coated with a surfactant to inhibit clumping. Large ferromagnetic particles can be ripped out of the homogeneous colloidal mixture, forming a separate clump of magnetic dust when exposed to strong magnetic fields. The magnetic attraction of tiny nanoparticles is weak enough that the surfactant's Van der Waals force is sufficient to prevent magnetic clumping or agglomeration. Ferrofluids usually do not retain magnetization in the absence of an externally applied field and thus are often classified as "superparamagnets" rather than ferromagnets. In contrast to ferrofluids, magnetorheological fluids (MR fluids) are magnetic fluids with larger particles. That is, a ferrofluid contains primarily nanoparticles, while an MR fluid contains primarily micrometre-scale particles. The particles in a ferrofluid are suspended by Brownian motion and generally will not settle under normal conditions, while particles in an MR fluid are too heavy to be suspended by Brownian motion. Particles in an MR fluid will therefore settle over time because of the inherent density difference between the particles and their carrier fluid. As a result, ferrofluids and MR fluids have very different applications. A process for making a ferrofluid was invented in 1963 by NASA's Steve Papell to create liquid rocket fuel that could be drawn toward a fuel pump in a weightless environment by applying a magnetic field. The name ferrofluid was introduced, the process improved, more highly magnetic liquids synthesized, additional carrier liquids discovered, and the physical chemistry elucidated by R. E. Rosensweig and colleagues. In addition Rosensweig evolved a new branch of fluid mechanics termed ferrohydrodynamics which sparked further theoretical research on intriguing physical phenomena in ferrofluids.

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Magnetic domain
A magnetic domain is a region within a magnetic material in which the magnetization is in a uniform direction. This means that the individual magnetic moments of the atoms are aligned with one another and they point in the same direction. When cooled below a temperature called the Curie temperature, the magnetization of a piece of ferromagnetic material spontaneously divides into many small regions called magnetic domains. The magnetization within each domain points in a uniform direction, but the magnetization of different domains may point in different directions.
Rare-earth magnet
A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets. The magnetic field typically produced by rare-earth magnets can exceed 1.2 teslas, whereas ferrite or ceramic magnets typically exhibit fields of 0.5 to 1 tesla. There are two types: neodymium magnets and samarium–cobalt magnets.
Superparamagnetism
Superparamagnetism is a form of magnetism which appears in small ferromagnetic or ferrimagnetic nanoparticles. In sufficiently small nanoparticles, magnetization can randomly flip direction under the influence of temperature. The typical time between two flips is called the Néel relaxation time. In the absence of an external magnetic field, when the time used to measure the magnetization of the nanoparticles is much longer than the Néel relaxation time, their magnetization appears to be in average zero; they are said to be in the superparamagnetic state.
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