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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.
Lipids. Fats, oils, waxes, and sterols are collectively known as lipids. Like the carbohydrates, the true fats contain only carbon, hydrogen, and oxygen. The molecules of such a lipid are made up of a glycerol molecule with three fatty acid molecules attached to it. This kind of lipid is also called a triglyceride. An important class of lipids is composed of the phospholipids that make up cell membranes. The class of compounds called steroids are also lipids, and cholesterol is one of the steroids.