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Definition of atonement : 1. Reconciliation; restoration of friendly relations; agreement; concord.
2. Satisfaction or reparation made by giving an equivalent for an injury, or by doing of suffering that which will be received in satisfaction for an offense or injury; expiation; amends; -- with for. Specifically, in theology: The expiation of sin made by the obedience, personal suffering, and death of Christ.

Synonyms:

placation, gratification, reconciliation, expiation, propitiation, conciliation

recompensation, redemption, penance, appeasement, reparation, satisfaction, retribution

reimbursement, remedy, adjustment, compensation, redress, amends, refund, rectification, correction, restitution, offsetting, settlement, squaring, remuneration

bounty, inducement, incentive, payment, gratuity, sweetener, gift, plum, lure, stimulation, tip, enticement, wage, sweepstakes, allotment, reward, carrot, wages, stipend, consideration, bonus, allowance, temptation, treat, prize, tribute, grant, award, honorarium

confession, regret, apology, self-reproach, penitence, breast-beating, attrition, repentance, contriteness, remorse

Usage examples:

• God had a plan of atonement by which men who were willing could be saved from sin and its effects. - "Quiet Talks about Jesus", S. D. Gordon.
• We are constantly hearing the statement that a rational theory of the Atonement is badly wanted, or that it is our duty to preach the fact without a theory, or that the Atonement is such a mystery that no theory is possible and we must just accept it on faith. - "The New Theology", R. J. Campbell.
• Your trial will consist, not in the dread of His coming, but in the difficulty of patiently waiting for His return, and when He comes you will find no language to bless and praise His holy name for His boundless and unmerited love in having redeemed you by His atoning blood; in having called you by His sovereign grace; in having forgiven you through His finished atonement: in having sanctified you by the Holy Ghost; and in having preserved you in His own unchanging faithfulness, till He shall have finally presented you spotless and faultless before the throne of His everlasting glory. - "Rome, Turkey and Jerusalem", Edward Hoare.