IMPUTATION
The Greek word loy·ee·zom·eh translated
“impute”, means “to reckon”, “to count”, “to compute”, or “to
calculate”. The English word “imputation” is derived from the Latin
word imputare, which means “to charge to one’s account”. Imputation is
a forensic or legal action and in this regard, there is no imputation
where “there is no law” (Romans 5:13). This word implies an
accounting term denoting an assessment based upon transferring the
value of one entity to another. The actual term impute implies to
"count over unto one's account". For example: Suppose one's bank
account is short the necessary funds required for paying debts, but
someone who has the money can deposit the amount necessary into the
bank account which will allow the payment of the debts.
As it relates to salvation, imputation is the application of the worth
of Jesus Christ to the credit of designated sinful creatures. The
foundation of the transaction is that righteousness (God’s standard)
is the requirement for acceptance to God. Of a surety none of mankind
has the worthiness or ability to qualify in meeting this standard.
Therefore man’s adherence to God’s requirement for righteousness can
be accomplished only through the transfer of the righteousness of
Jesus Christ to the account of sinful mankind. God is the only source,
otherwise there is no hope for man. Thus righteousness is confined
exclusively to that which is in Christ and has been credited to ones
account. The expression of imputation must be viewed as a provisionary
gift of God for the deficit of human depravity. This God-given
righteousness is exclusively available to the elect of God by the
merit of Jesus Christ alone.
According to Romans 3:22; the righteousness of God is imputed unto us
through the faithfulness of Jesus Christ. God cannot confer His
righteousness as a credit of reward based on faithful service to Him.
It is accounted on the basis of Christ’s sacrificial offering to God
on behalf of us. Thus imputation is the accounting of righteousness as
a gift to us because of Christ's faithfulness.
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