Lip″ic (lĭp″ĭk), a. [Gr. λίποσ fat.] (Chem.) Pertaining to, or derived from, fat. The word was formerly used specifically to designate a supposed acid obtained by the oxidation of oleic acid, tallow, wax, etc.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.