Why does Jesus being called 'Lord' matter for Christians?

The title 'Lord' ascribed to Jesus is pivotal in Christian theology as it denotes His divine nature and authority. In Philippians 2:9-11, it states that 'at the name of Jesus every knee should bow,' portraying Him as sovereign King who holds authority over both heaven and earth. This understanding entails recognizing that Christ's lordship demands our allegiance and worship. To acknowledge Jesus as Lord means to submit to His will and covenant grace, which is central to the relationship believers have with Him. It reinforces the belief that salvation is available only through Him and that every aspect of life ideally should honor His lordship.