Gavin Andresen - 2011-01-23 14:05:47

The number of confirmations tells you which block a transaction is in:
0 confirmations: not in a block yet.
1 confirmation: in block number "getblockcount" block.
2 : getblockcount-1
 ... etc.

Note that if there is a block chain reorganization which block the transaction is in can change (as can the number of confirmations).