WHAT'S WRONG WITH CALLING IT "LIMITED ATONEMENT?"

Limited atonement is a confusing way to describe the Calvinistic view of the extent of the atonement. Particular redemption or definite atonement are more precise ways to say it. It involves no limitation on the value OF Christ's work, when Calvinists say that Christ offered Himself as a sacrifice with the purpose of saving his elect.

This view asserts that Christ perfectly saved the ones He intended to save, while at the same time denying the possibility of making an atonement for anyone who never savingly benefits from it. There is no failure in the work of Christ; He accomplished (real atonement) for all those for whom he died (the elect).