Redeemed

A redemption price is paid to buy something back. As Lipscomb says, in this case it is to rescue from bondage to the devil. It is in Christ and through his blood particularly, that we find release from, or forgiveness of, sins (Hebrews 9:22; 1 Peter 1:18-20; Matthew 26:28; John 19:31-34; Romans 6:3-4). Coffman notes the word here used for forgiveness means "letting go" and is only used in Romans 4:7 and Colossians 1:14. This is done through the great wealth of God's unmerited favor bestowed upon sinful man (Ephesians 1:7).

Out of the riches of His grace, God went beyond our need and provided wisdom, or the full knowledge of the divine plan of salvation. He also provided prudence, which is the understanding of that plan (Ephesians 1:8). The plan was a mystery because it was covered or hidden. (2 Corinthians 3:9-18.) The mystery was uncovered in Christ as it pleased God (Ephesians 1:9).

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