ELI5: Explain Like I'm 5

Magnetoquasistatic field

A magnetoquasistatic field is an electric field created by a magnet. It can also be made by stationary, or not moving, electric currents. The magnetoquasistatic field is an invisible field of energy and it surrounds the magnet or the electric current. Things like metal objects, like nails, can be affected by this field, they can stick to the magnet or to the electric current because of the strong field of energy.