This document discusses phospholipids and their subclasses. Phospholipids contain fatty acids, phosphoric acid, and nitrogenous bases or alcohols. The two main classes are glycerophospholipids, containing glycerol, and sphingophospholipids, containing sphingosine. Lecithin and cephalin are important glycerophospholipids. Phospholipids form cell membranes and regulate permeability. They also participate in fat absorption and transport and removal of cholesterol from the body. The document also briefly discusses glycolipids, lipoproteins, steroids like cholesterol, and their structure and functions.