IPA: /ˈfɛr.aɪt/
KK: /ˈfɛrˌaɪt/
A type of nonmetallic compound that is usually magnetic and made from iron oxide combined with other oxides. It is used in electronic devices and has high electrical resistivity.
Ferrite materials are commonly used in the production of transformers and inductors.
Ferrite is derived from the Latin word "ferrum" (meaning iron) and the suffix "-ite" (used to denote minerals or rocks). Thus, ferrite refers to a mineral that contains iron.
Think of 'ferrum' which means iron, and remember that 'ferrite' is a mineral that contains iron.