/ Dictionary / Index L lipolysis: Meaning and Definition of Find definitions for: li•pol•y•sis Pronunciation: (li-pol'u-sis, lī-), [key] — n. Chem. the hydrolysis of fats into fatty acids and glycerol, as by lipase. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. lipoid lipoma Related Content Daily Word Quiz: arboreal Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language