“The servant sprinkles the nations, an idea with sacrificial overtones (Isa. 52:15). He takes on our infirmities and carries our sorrows (Isa. 53:4).
He is pierced for our transgressions, crushed for our iniquities and bears our punishment (Isa. 53:5).
He substitutes for others. But in so doing He brings peace (shalom, Isa. 53:5).
His wounds heal (Isa. 53:5). All this when we mistakenly thought it was God who was afflicting Him for His iniquities (Isa. 53:6).
He suffers for the sins of others, not His own. He is like a sacrificial lamb going to slaughter (Isa. 53:7). His conduct is exemplary (Isa. 53:7).
Experiencing violence, He returns none (Isa. 53:9). He even intercedes for the transgressors (Isa. 53:12).
He bears our iniquities and in fact bears the sins of many (Isa. 53:11-12). He becomes a guilt offering (Isa. 53:11).
This is the offering that wipes out guilt (cf. Lev. 5:1-19; Num. 5:8; 1 Sam. 6:3-8)… His faithfulness leads to triumph (Isa. 53:10-12).”
–Graham A. Cole, God the Peacemaker: How Atonement Brings Shalom NSBT, Vol. 25 (Downers Grove, IL: InterVarsity Press, 2009), 100-101.