Ferrimagnetism is a type of magnetic ordering found in certain materials where the magnetic moments of atoms or ions align in opposite directions but are unequal in magnitude. This results in a net magnetic moment, allowing the material to exhibit magnetic properties. Common examples of ferrimagnetic materials include ferrites, which are often used in electronic components. In ferrimagnetic materials, the opposing magnetic moments typically arise from different types of ions, such as Fe^2+ and Fe^3+. This unique arrangement leads to interesting magnetic behaviors, making ferrimagnetic materials useful in applications like magnetic storage devices and transformers.