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The triesters of fatty acids with glycerol (1,2,3-trihydroxypropane) compose the class of lipids known as fats and oils. These triglycerides (or triacylglycerols) are found in both plants and animals, and compose one of the major food groups of our diet.
Out of all lipid compounds; three types of lipids are more common. They are also called as neutral fats. The triglycerides have ester as functional group which comprised of one glycerol molecule (1,2,3-trihydroxypropane) combined with three fatty acids molecules.ipids are primarily involve in the formation of cell membranes which is a bilipid layer and present in all living things like bacteria and human. Lipids also present in the form of more complex structures such as cholesterol and other biologically active molecules in living systems.