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a group of substances comprising fatty, greasy, oily and waxy compounds that are insoluble in water and soluble in nonpolar solvents, such as hexane, ether and chloroform. Simple lipids are the triglycerides or neutral fats.ny of a group of organic compounds, including the fats, oils, waxes, sterols, and triglycerides, that are insoluble in water but soluble in common organic solvents, are oily to the touch, and together with carbohydrates and proteins constitute the principal structural material of living cells. lipÂ·idâ²ic adj.
1. Triglycerides. Triglyceride molecules are made from three molecules of fatty acids and one glycerol molecule. The fat can be either unsaturated or saturated. Triglycerides are able to float in a cellâs cytoplasm since they have a lower density than water and are non-soluble, as is the case with all lipids.