This document provides information about lipids. It begins by defining lipids as compounds that are relatively insoluble in water but soluble in organic solvents. Lipids are then classified into three main categories: simple lipids like fatty acids and triglycerides, compound lipids containing additional non-lipid components like phospholipids and glycolipids, and derived lipids which are hydrolysis products of other lipids. The document focuses on the structures, functions and examples of important lipids like fatty acids, triglycerides and phospholipids.