Type: Type refers to the letterforms (shape of the letter/form of a letter as written or in a particular font/characters or letters that are printed or shown on a screen). It can be one of the most influential elements and used thoughtfully, can establish the character and emotional attributes of a design. The visual form it takes can dramatically affect the meaning of a design and how an audience reacts towards it.
Typography: The art and technique of arranging type. Style or appearance of text. Working with fonts, kerning, leading tracking, hierachy etc.
Here are some examples of creative ways that typography can be used on a magazine cover. They may help you to think outside the box! Use them as a source of inspiration for your synectics and experimentation when developing typography, layout and hierarchy!