Wiktionary
n. poetry, often terse and surreal, created by assembling magnetic pieces bearing words or word fragments.
Wikipedia
Magnetic Poetry is the second album by British indie pop band Comet Gain. The album had extra tracks added for its American release and was named Sneaky.
Magnetic Poetry is a toy and creative writing aid consisting of individual words—often related to a particular theme or topic—printed on small magnets which can be creatively arranged into poetry on a refrigerator or other metal surface. The informality and spontaneity Magnetic Poetry has endeared it to educators in creative writing.
Magnetic Poetry was invented by Dave Kapell, who has since published a number of books describing the use of the kit and anthologizing poems produced with it.