3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	-	-	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	Arg29 and Arg22 in the one monomer contribute to the catalytic competence of the active site across the dimer interface, and complement the catalytic triad of Ser47, Asp192, and His195 in the second monomer	653704	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	hydrolysis and inactivation of the lipid mediator platelet-activating factor PAF and/or oxidized phospholipids	652609	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	isozyme II of the enzyme also performs platelet-activating factor-dependent transacetylation, transfer of an acetyl group from platelet-activating factor to endogenous acceptor lipids	652034	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	mechanism	651794	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	mechanism, substrates can only bind in the aqueous phase to the active site of the plasma isozyme at the membrane-water interphase, catalytic triad is formed by Ser273, His351, and Asp296	653695	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	stereochemistry	650057	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	the catalytic triad of the extracellular plasma enzyme form is of the alpha/beta-hydrolase type	650326	
3.1.1.47	1-alkyl-2-acetyl-sn-glycero-3-phosphocholine + H2O = 1-alkyl-sn-glycero-3-phosphocholine + acetate	the enzyme possesses both acetylhydrolase and transacetylase activities which remove PAF and its ether-linked analogues from LDL-particles upon LDL oxidation	649713