The document describes the basic properties and structures of lipids. It defines lipids as fats, oils, steroids and waxes that are relatively insoluble in water due to their non-polar bonds. The main types of lipids discussed are fatty acids, triacylglycerides, phospholipids, glycolipids, and lipoproteins. Fatty acids are components of cell membranes and stored body fat. Triacylglycerides are the main form of stored fat and energy source composed of a glycerol backbone with three fatty acids. Phospholipids are similar to fats but contain a phosphate group, forming cell membranes. Glycolipids contain fatty acids, sphingosine and carbohydrates found