Bile reduces lipids to smaller globules and then disperses them to aid digestion. this process is called:

The process in which Bile reduces lipids to smaller globules and then disperses them to aid digestion is called emulsification. Emulsification is as a process of dispersing one liquid in a second immiscible liquid.
It involves mixing two liquids that usually are unmixable together to form an emulsion.

Answer;
Emulsification; 
The process called emulsification, is the process by which bile reduces lipids to smaller globules and then disperses them to aid digestion. 

Bile is produced in the liver and stored in the gall bladder, and is secreted into the duodenum by contractions of the gall bladder. 
Its primary function is the emulsification of fats, whereby large globules of fat are broken down into smaller globules and becomes water soluble.