The Collaborative International Dictionary of English v.0.48:

Paramagnetic \Par`a*mag*net"ic\, a. [Pref. para- + magnetic.]
   (Physics)
   Having or exhibiting paramagnetism; -- opposed to
   diamagnetic and contrasted with ferromagnetic. -- n. A
   paramagnetic substance. --Faraday. --
   Par`a*mag*net"ic*al*ly, adv.
   [1913 Webster]

WordNet (r) 3.0 (2006):

paramagnetic
    adj 1: of or relating to a paramagnet