Difference between Lipoid and Lipid

What is the difference between Lipoid and Lipid?

Lipoid as a noun is a lipid or other substance resembling fat while Lipid as a noun is any of a group of organic compounds including the fats, oils, waxes, sterols, and triglycerides. lipids are characterized by being insoluble in water, and account for most of the fat present in the human body. they are, however, soluble in nonpolar organic solvents.

We hope you now know whether to use Lipoid or Lipid in your sentence.