If all (or most) fatty acids are unsaturated
Forms oil
Liquid at room temperature
Major energy store in seeds and fruits
If all (or most) fatty acids are saturated
Forms saturated fat
Solid at room temperature
Major energy store in animals (stored as adipose)
Adipose, useful for;
Thermal insulation (mammals)
Protection (for delicate organs)
Electrical insulations (myelin sheath, prevents ion leakage)
Buoyancy (lipids float)
Triglycerides are also converted to a variety of other molecules such as:
Phospholipids
Cholesterol
Steroid Hormones