'Sacrifice' in the Bible

And He [that same Jesus] is the propitiation for our sins [the atoning sacrifice that holds back the wrath of God that would otherwise be directed at us because of our sinful nature—our worldliness, our lifestyle]; and not for ours alone, but also for [the sins of all believers throughout] the whole world.

In this is love, not that we loved God, but that He loved us and sent His Son to be the propitiation [that is, the atoning sacrifice, and the satisfying offering] for our sins [fulfilling God’s requirement for justice against sin and placating His wrath].