Lipids Examples. Lipids. Lipids are the fatty or waxy molecules that make up the basic structure of many cells in both plants and animals. They go by other terms depending on where they are found, including triacylglycerol, triglyceride, and glycerolipid, just to name a few.Lipids serve important functions in the cell.ipids. Lipids are the fatty or waxy molecules that make up the basic structure of many cells in both plants and animals. They go by other terms depending on where they are found, including triacylglycerol, triglyceride, and glycerolipid, just to name a few.