ELI5: Explain Like I'm 5

Blood money (term)

Blood money is a term that refers to a payment made to the family of a person who has been killed or harmed in some way. The payment is considered a way to compensate for the harm caused and to help the family of the person who was harmed. It is called blood money because it is paid in the aftermath of a violent or deadly situation where blood has been shed.

Think of it like sharing your candy with your friend because you accidentally bumped into them and spilled their juice all over their clothes. You give them money to help them buy new clothes, and to make up for the mistake you made. Blood money is similar in that it is a way of making amends for something that has caused harm, but on a much larger scale, and in more serious situations.