A lithium polymer battery, or more correctly lithium-ion polymer battery (abbreviated variously as LiPo, LIP, Li-poly and others), is a rechargeable battery of lithium-ion technology in a pouch format. Unlike cylindrical and prismatic cells, LiPos come in a soft package or pouch, which makes them lighter but also lack rigidity.
The name "lithium polymer" (LiPo) is more widespread among users of radio-controlled models, where it may indicate a single cell or a battery pack with cells connected in series or parallel. The more general term "lithium-ion" (Li-ion) is used almost everywhere else, including consumer electronics such as mobile phones and notebook computers, and battery electric vehicles.
Just as with other kinds of lithium-ion cells, the voltage of a LiPo cell depends on its chemistry and varies from about 2.7-3.0 V (discharged) to about 4.20-4.35 V (fully charged), for cells based on lithium-metal-oxides (such as LiCoO2), and around 1.8-2.0 V (discharged) to 3.6-3.8 V (charged) for those based on lithium-iron-phosphate (LiFePO4).
The exact voltage ratings should be specified in product data sheets, with the understanding that the cells should be protected by an electronic circuit that won't allow them to overcharge nor over-discharge under use.
For LiPo battery packs with cells connected in series, a specialised charger may monitor the charge on a per-cell basis so that all cells are brought to the same state of charge (SOC).