'lipid' definitions:

Definition of 'lipid'

From: WordNet
noun
An oily organic compound insoluble in water but soluble in organic solvents; essential structural component of living cells (along with proteins and carbohydrates) [syn: lipid, lipide, lipoid]

Definition of 'lipid'

From: GCIDE
  • lipid \lip"id\ n. [Gr. li`pos fat.] (Chem., Biochem.) Any of a variety of oily or greasy organic compounds found as major structural components of living cells; they are insoluble in water but soluble in organic solvents such as alcohol and ether, and include the common fats, cholesterol and other steroids, phospholipids, sphingolipids, waxes, and fatty acids; some of the lipids, together with proteins and carbohydrates, form an essential structural component of living cells, as in the cell walls and membranes. The term lipid refers to its solubility in nonpolar solvents, and has no significance with regard to chemical structure.
  • Syn: lipide, lipoid. [WordNet 1.5]