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Therefore, Lipids are not soluble in water but are soluble in nonpolar solvents (ex: benzene and chloroform). Lipids have several functions in biology. Digestion of triglycerides yields glycerol and fatty acids, which are subsequently used as fuel.ipids belong to a family of organic compounds which includes fats, oils, waxes, cholesterol, phospholipids, steroids, and fat-soluble vitamins (A, D, E, and K). They are formed by either or both carbanion-based condensation of thioesters and carbocation-based condensation of isoprene units.
lipids are terms for fats that are solid at room temperature. phospholipids are chemicals that has 1 phosphate group and 2 fatty acid tails that are attached to a glycerol. check their chemical structures. =) phospolipids are found on cell membranes while lipids are the general term for fats. just now. Report Abuse. Lipids are fatty acids (glycerol) which are soluble in alcohol but are insoluble water Phospholipids are various phosphorus-containing lipids, such as lecithin and cephalin, that are made up of mainly of fatty acids, a phosphate group, and a simple organic molecule Hope that helps :-).