'Propitiation' in the Bible

whom God displayed publicly [before the eyes of the world] as a [life-giving] sacrifice of atonement and reconciliation (propitiation) by His blood [to be received] through faith. This was to demonstrate His righteousness [which demands punishment for sin], because in His forbearance [His deliberate restraint] He passed over the sins previously committed [before Jesus’ crucifixion].

Therefore, it was essential that He had to be made like His brothers (mankind) in every respect, so that He might [by experience] become a merciful and faithful High Priest in things related to God, to make atonement (propitiation) for the people’s sins [thereby wiping away the sin, satisfying divine justice, and providing a way of reconciliation between God and mankind].

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].