A footnote to that verse found in a study book says this; appeasement or satisfaction; Christ's death satisfied the offended holiness of God.
Man, that hit me like a ton of bricks. Have you ever offended someone when you had no idea of just harsh the consequences of your actions were? I've grown up in church, and so I guess I've always had this underlying knowledge of Jesus' blood covering my sins. Have you ever really taken seriously the sin in your life and really come to terms with the fact that you deserve death. The bible says no one is righteous, no not one (Psalm 14). We read in Romans the seriousness that the punishment for sin is death. The sins committed day in and day out are an offense to God, he hates sin. And yet how many times have we let him down?
I had to spend a few minutes in prayer and just repent and ask for God's forgiveness. I have been reminded of just how much we NEED Jesus. Without the blood shed on the cross we have no pardon, no redemption. Our sins are totally forgiven, the debt has been paid in full. Thank you Jesus.
Can't wait for this next part in the study in Romans where Paul shifts gears and talks about God's love, his open arms ready to receive those who come.