Induced magnetism is the temporary magnetism acquired when a magnetic material is placed near a magnet.
When un-magnetized bar of a magnetic material is brought near the magnet, the bar turns into magnet.
It will acquire the property of attraction irons when brought near the ends.
The bar will lose its magnetism when the magnet is removed.
Final Answer:
Induced magnetism is the temporary magnetism acquired when a magnetic material is placed near a magnet.