Liposomes are spherical vesicles made of concentric phospholipid bilayers that enclose an aqueous core. The phospholipids are amphipathic molecules with polar heads and nonpolar tails that allow them to form bilayers enclosing water. Cholesterol can be incorporated into the phospholipid bilayers and acts as a fluidity buffer. Liposomes can be classified based on their size, number of bilayers, and preparation method. Common types include multilamellar vesicles (MLVs), oligolamellar vesicles (OLVs), and unilamellar vesicles (ULVs). Liposomes are characterized physically, chemically, and biologically to ensure predictable performance. Characterization evaluates parameters like size, lamellarity,