REDEMPTION
The Greek word (ap-ol-oo'-tro-sis) translated “redemption” is in essence the accomplished work of Jesus Christ whereby He purchased our freedom from the slave market of sin. We were enslaved under the debt of sin with the wages of it being death (Romans 6:23). The only hope for fallen, sinful, guilty, and depraved mankind was redemption, which included: the eradication of the penalty of sin, the satisfaction for God’s justice and effectual deliverance from the guilt, power, dominion and consequences of sin. The saving or releasing act, was based upon the acceptability of the blood of Christ which qualified as sufficient payment to satisfy the demand (Romans 3:24; 1Corinthians 1:30). The elect of humanity were purchased out of the market place and set free from the bondage of sin. It was the blood, which Jesus shed on the cross that has paid the price of sin (Eph 1:7). Redemption affords total deliverance from all that could ever pose a threat to the welfare or security of the one redeemed, i.e., the curse, penalty and bondage of the Law, destruction, death and the power of sin and the grave (Romans 6:18; Galatians 3:13; 4:5; Titus 2:14).