This week’s term: Substitution – One thing placed for, or in the stead of, another: Christ, putting Himself in our place to suffer the just vengeance of God upon sin, and standing in our stead before God, offering the righteousness which is required of us, but which we cannot ourselves offer.
Last week’s term: Ransom – Essentially the same as redemption; in fact, they are interchangeably translated from the Greek; to buy back, or to buy out of bondage. It is very akin to redemption and carries the idea of the price of a bond slave being paid by another, him thus being freed from his state of bondage. The analogies of ransom and redemption teach, not simply the payment of the required price of redemption, but the actual setting free of the one who is redeemed, or ransomed.