bile plays an important role in the intestinal absorption of fats. Bile is secreted by the liver and contains cholesterol, bile salts and waste products such as bilirubin. Bile salts aid in the digestion of fats. Bile passes out of the liver via the bile duct where it is stored in the gallbladder and released in response to a fat-containing meal. A digestive juice secreted by the liver and stored in the gallbladder; aids in the digestion of fats.A digestive juice secreted by the liver and stored in the gallbladder; aids in the digestion of fats.The resultant product from the breakdown of haemoglobin, giving bile its colour. Bile is secreted from the liver, with this process being promoted by the hormone [[secretin.