Lymph is the fluid which flows in the lymphatic system.
Lymph helps in digestion and absorption of fats.
It forms when interstitial fluid is collected to lymph capillaries.
It also provides immunity to the body.
Lymph is also a carrier of nutrients and few hormones.
Final Answer-
Lymph is the interstitial or tissue fluid that is collected by lymph capillaries and drains back to major veins of the lymphatic system, it performs various functions like digestion of fats, provides immunity