Essential Truths 14 – Salvation 2


The Words of Saving Grace

One of the best ways to learn about God’s great work of salvation is to study the many special words used in the Bible to express the various aspects of its accomplishment. There are many amazing  facets of truth that we need to be aware of. In this study, we will review a few of the major truths that form a foundation to our Great Salvation.


Connected to God’s sovereign will , this has an element of determinism in it – God didn’t choose us because He “knew we would believe” the Gospel;  He chose us because He had  “determined beforehand that we would” believe

  • Predestination
    • Distinct from election, rooted in foreknowledge, God sovereignly moved some down a specific path –Israel , King Cyrus, Judas, Tribulation saints
    • Eph 1:3-6; Rom 8:29-30 – the kind intention of His will
  • Election (look these references up and make notes in your Bible study journal)
    • Jn. 6:37, 44 –contrast 1 Pet.2:8


  • Payment
    • This word means to appease or satisfy, purchase, pay the price
    • Regarding our salvation, the Basis for the payment is the shed blood of Christ
    • this is the satisfaction of God’s hatred and penalty for sin, and is accomplished by the payment being placed on the Mercy Seat in God’s presence
    • Lev.17:11; Psa.103:10; Rom.3:23-26; 1 Jn.2:2
  • The Mercy Seat – a key place
    • The Hebrew in Leviticus and Numbers literally means “to make a cover”, in effect resulting in the covered item not able to be seen
    • The Old Testament Mercy Seat was the top of the Ark of the Covenant, under the spread wings of the Seraphim, in the Tabernacle’s Holy of Holies, the place designated by God as His dwelling place in the midst of His people Israel
    • The Tabernacle, the Ark of the Covenant, the Day of Atonement and the Passover Lamb – all pictures of the final perfect sacrifice of Christ
      • Heb.9:1-12
  • Expiation – a key word
    • This word means to “placate”
    • Christ was the sacrifice, but the Cross is where atonement was made, our sins are washed away “as far as the east is from the west” (Psa. 103:12)
    • The penalty is not ignored or excused – it is paid, satisfied
    • Matt.20:28; 26:28; Rom.5:15-19; Heb.9:26-28;10:10, 12, 14


The Finished Work of Christ on the Cross

  • “At One-ment” is a phrase sometimes used to express the truth of atonement
    • Christ’s payment on the Cross provides us with the ability to come back into fellowship with God.
    • Christ met the demands of the righteousness of God against sin, satisfying the requirements of God’s justice and canceling the guilt of man’s sin and removing the reason for our separation from Him
  • Restoration of relationship
    • Harmony & unity – Tit.3:4-7 – being justified, we are made heirs
  • This is a vicarious, substitutionary, the innocent for the guilty
    • Heb 4:15; 1 Pet 2:22
    • He died in my place, Isa 53:5, Rom. 5:8
    • He died also for my benefit – 2 Cor 5:14-15
  • Imputation
    • Rom. 3:24; 4:4-6, 22-25; 5:1-2, 12-13
    • A rational act, to reckon or assume, to lay to a person’s account
    • Christ’s righteousness is accounted to a believer’s “account” – it is imparted, infused


  • Biblical, genuine, heartfelt repentance is essential to salvation
    • Acts 3:19-20; 11:18; 20:21; 2 Cor. 7:10; 1 Thess.1:9; 2Tim.2:25; 2 Pet. 3:9
  • “metanoia”  – to have another mind
    • This is not a casual change, it has the sense of revulsion, hatred for sin, so that you are no longer able to go to it easily or readily
  • This is a summons to a personal, absolute and ultimately unconditional surrender to God as Sovereign Lord.
    • Repentance is expected to  result in change of life – usually not immediately complete lordship, but Christlikeness leads to increased surrender & holiness
    • Contrition – brokenness, Psa.34:18
  • Three elements of repentance:
    • Conviction
    • Contrition – brokenness, Psa.34:18
    • Change – 2 Cor. 7:10 – our will takes action to reverse direction and seek God – 1 Thess 1:9 – Greek “metanoia”
    • The Holy Spirit acts upon our dead soul, as God’s first step in convicting, and points us towards repentance – God works with a repentant, convicted, contrite heart
    • How do we know a person is genuinely repentant?
      • This question leads to: How do we know a person is genuinely saved?
      • “easy believism” – wrong approach
      • beating the drunk over the head with a Bible – wrong approach
      • The fruit of the Holy Spirit expressed in life actions – yes


  • Basic meaning: payment of a price to secure release
  • Built on 3 words:
    • “Agarazo” – to purchase in the marketplace, results in ownership – 2 Pet 2:1 – 1 Cor 6:19-20; 7:23; Rev. 5:9; 14:3-4 – our redemption is paid for by Christ’s blood – Acts. 20:28; Rev. 5:9
    • “Exagarazo” – to purchase out of the market, off the auction block; to buy back – Gal 3:13; 4:5; Eph 2:2-3 5:16; Col 1:14; 2:14; 4:5; Rom 3:24; 1 Pet 1:18-19
    • “Lutrow” – the ransom is paid & release is given from penalty’; in our Redemption, we are free from the power & ultimately presence of sin – Mk 10:45; Rom. 6; Tit.2:14; Heb 9:12; 1 Tim 2:5-6; 1 Cor 6:20; 7:23
  • The Ransom has been paid
    • Exo. 21:30
    • isaiah 43:3


  • “just as if I had never sinned” 
    • To declare not guilty
      • Cleared of the accused infraction
      • Forgiveness of sin, remission1 Pet 2:24; Rom 8:1, 33; 2 Cor 5:21
      • Need more to look into? Rom 4:7; Eph 1:7; Col 2:13; Psa 32
    • Juxtaposed to condemnation  – Rom 5:16
    • Based on the righteousness of Christ
      • Faith is the means or channel, not the basis
      • Rom 3:22,25,28,30; 4:5-6
      • God is able to impute, apply Christ’s righteousness
      • God announces our acquittal, i.e. justification