Ransom
the price or payment made for our redemption, as when it is said that the Son of man "gave his life a ransom for many" (
Matt. 20:28; comp.
Acts 20:28;
Rom. 3:23,
24;
1 Cor. 6:19,
20;
Gal. 3:13;
4:4,
5:
Eph. 1:7;
Col. 1:14;
1 Tim. 2:6;
Titus 2:14;
1 Pet. 1:18,
19. In all these passages the same idea is expressed). This word is derived from the Fr. rancon; Lat. redemptio. The debt is represented not as cancelled but as fully paid. The slave or captive is not liberated by a mere gratuitous favour, but a ransom price has been paid, in consideration of which he is set free. The original owner receives back his alienated and lost possession because he has bought it back "with a price." This price or ransom (Gr. lutron) is always said to be Christ, his blood, his death. He secures our redemption by the payment of a ransom. (See REDEMPTION >> T0003084.