http://www.intothyword.org/apps/articles/default.asp?blogid=3844&view=post&articleid=71444&link=1&fldKeywords=&fldAuthor=&fldTopic=0
What does the Blood of Christ mean? Pure and simple, the blood of Jesus was spilt as a sacrifice in our place so that we could have the necessary redemption to be saved! Jesus makes it possible for us to be forgiven of our sins and saved from God's wrath for our sins. Therefore, through the blood, we receive grace-salvation and eternal life.