If you blend red and blue, you get purple. To blend is to mix together thoroughly. If you put this color in your hair, you'll blend with the people at a punk rock concert!
Used as a noun, the word blend means the thing you mixed together or the act of mixing something together. Purple is a blend of red and blue. When you see this word, picture the blender on your kitchen counter. If you use it to give ice cream, fruit and fruit juice a blend, it'll mix things together well to make a very tasty blend.