Blessed Sacrament
The term may indicate the sacrament of the eucharist, or the consecrated eucharistic elements of bread and wine, or the reservation of the consecrated elements. Christ's body and blood are understood to be really present in the consecrated bread and wine. See Eucharistic Adoration.
Glossary definitions provided courtesy of Church Publishing Incorporated, New York, NY,(All Rights reserved) from “An Episcopal Dictionary of the Church, A User Friendly Reference for Episcopalians,” Don S. Armentrout and Robert Boak Slocum, editors.