This document provides an overview of lipids by defining what lipids are, categorizing them into hydrolyzable and non-hydrolyzable lipids, and describing examples of each category. It defines waxes, triacylglycerols, and phospholipids as hydrolyzable lipids and how they are composed of fatty acid chains. Non-hydrolyzable lipids discussed include fat-soluble vitamins, eicosanoids, terpenes, and steroids. Phospholipids and their subtypes phosphoacylglycerols and sphingomyelins are defined. Terpenes are described as composed of repeating five-carbon isoprene units. Steroids are introduced as important biological regulators derived