Grid North - The direction of a grid line which is parallel to the central meridian on a map. Note: Grid North does not match true north because a map is a flat representation of a curved surface.True North - The direction of a meridian of longitude that converges on the North Pole. Note: This is just a technical method of saying that True North describes a direct line to the North Pole and the Earth's spin axis.
Magnetic North - The direction indicated by a magnetic compass. Note: Magnetic North moves very slowly with a variable rate.
Declination - The vertical angle difference between True North and this year's Magnetic North. The current year's declination is oftentimes marked in degrees on your map. That's one reason why you might need a current map. For many purposes declination can be ignored, especially for leisure purposes.