The magnetic moment refers to the measure of the strength and orientation of a magnetic object or system.
Magnetic Field: A region around a magnet or current-carrying wire where magnetic forces can be detected.
Dipole Moment: The measure of the separation between positive and negative charges in a system, which can create a magnetic moment.
Spin Magnetic Moment: The intrinsic property of elementary particles, such as electrons, that generates their own tiny magnetic fields.