What is the meaning of [Charity covers a multitude of sins]

By this we mean that some who give money away do so only to soothe their own
uneasy consciences. But here again this is not the true meaning, for charity
is love.

The original wording is to be found in I Peter, iv, 8: ‘And above all things
have fervent charity among yourselves: for charity shall cover a multitude of
sins.’ James Moffatt renders this: ‘Above all, be keen to love one another,
for love hides a host of sins.’