Hot and cold are relative terms that require comparison between two objects, with temperature dictating which is perceived as warmer or cooler. Cold does not correlate with high heat capacity or high thermal conductivity; rather, it simply indicates low temperature. The sensation of coldness is influenced by heat flow from the body to the object, which varies based on the material's thermal conductivity. When two materials at different temperatures are in contact, the interface quickly reaches a temperature that is an average of their bulk temperatures, influenced by their thermal properties. Understanding these principles is essential for accurate temperature measurement, as relying on touch can be misleading.