This document discusses the structure and classification of lipids. It begins by defining lipids as insoluble in water, soluble in organic solvents, and containing carbon, hydrogen and oxygen. Lipids are classified based on their structure and functions, which include storage, membrane, and cell signaling roles. Membrane lipids include phospholipids, glycolipids, and cholesterol. Phospholipids are the most abundant membrane lipid and include phosphoglycerides like lecithin, cephalins, and phosphoinositides. Glycolipids link a hydrophobic lipid tail to one or more hydrophilic sugar groups. Cholesterol contains four linked hydrocarbon rings and a hydrocarbon tail, and is present in almost all animal membranes.