The terms are used in a different context to mean slightly different things.
The kinetic product of a reaction is the one which is formed the fastest. In the case shown above this is the 1,2 product which results from formation of the most stable cation, which has a lower activation energy for formation.
The thermodynamic product is the most stable product. In this case it is the 1,4 product because it has a more substituted double bond. However, it forms from a less stable carbocation and so the activation energy is higher and it is formed slower than the kinetic product. Raising the temperature favours the thermodynamic product because the activation energy becomes less important. Another way to get the thermodynamic product is to run the reaction under equilibrating conditions, allowing the product to convert back to reactants. This will eventually form more of the more stable product.
Nucleophilicity is often referred to as a kinetic property because it has to do with how well a species can attack an electrophile and is affected by factors such as steric hindrance.
Basicity is often referred to as a thermodynamic property because it is to do with the position of the acid-base equilibrium: $$\ce{B + H+ <=> BH+}$$