Abstract: Section 84 of the Doctrine and Covenants contains what is commonly known by Latter-day Saints as the Oath and Covenant of the Priesthood. Priesthood leaders in the church are expected to teach and explain this Oath and Covenant to prospective Melchizedek Priesthood holders. However, the meanings of phrases within the Oath and Covenant are not well understood. For example: What does it mean to become the sons of Moses and Aaron? In what sense are bodies renewed? Are the promised blessings just for holders of the priesthood or for others as well? This paper discusses several ways that phrases in the Oath and Covenant have been interpreted. To identify differing interpretations, I conducted an extensive review of references to the Oath and Covenant in LDS conference addresses and the words of Joseph Smith using the LDS Scripture Citation Index1. After considering these interpretations, I explore other ways the phrases could be interpreted to provide greater understanding of what it means to hold the priesthood and “magnify” it.