The Collaborative International Dictionary of English v.0.48:
Magnetize \Mag"net*ize\, v. t. [imp. & p. p. Magnetized; prep.
& adv. Magnetizing.] [Cf. F. magn['e]tiser.]
1. To communicate magnetic properties to; to make magnetic;
as, to magnetize a needle.
[1913 Webster]
2. To attract as a magnet attracts, or like a magnet; to
move; to influence.
[1913 Webster]
Fascinated, magnetized, as it were, by his
character. --Motley.
[1913 Webster]
3. To bring under the influence of animal magnetism.
[1913 Webster]