This document provides an overview of liposomes, including their definition as concentric spheres of lipid bilayers separated by aqueous compartments, classifications, components, preparation methods, applications, and marketed preparations. It discusses how liposomes are formed and characterized, and lists their advantages in controlled drug delivery and stabilization of compounds as well as disadvantages like short shelf life. Preparation techniques covered are mechanical dispersion, solvent dispersion, and freeze-thaw sonication methods. Applications include drug delivery and textile processing, while example marketed liposomal drugs are Doxil and Daunoxome.