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The Collaborative International Dictionary
magnetic dipole moment

magnetic dipole moment \magnetic dipole moment\ n. A physical quantity associated with the magnetic field of a dundamental particle; as, An orbiting electron in an atom will have a magnetic dipole moment.

WordNet
magnetic dipole moment

n. (physics) a current loop gives rise to a magnetic field characteristic of a magnetic dipole; "An orbiting electron in an atom will have a magnetic dipole moment"