1 Corinthians 1:3

Grace (favor and spiritual blessing) be to you and [heart] peace from God our Father and the Lord Jesus Christ. 1 Corinthians 1:3

Grace means that we have favor and that we are blessed. Grace is also all undeserved and unearned. Salvation is a very powerful thing and we have it. I have found though that a lot of us really don’t know what salvation actually means, so let’s study it here so that we can know and share the Truth that sets us all free.

To start with here is the dictionaries definition of salvation. 

deliverance from sin and its consequences, believed by Christians to be brought about by faith in Christ.

preservation or deliverance from harm, ruin, or loss • ( one's salvation) a source or means of being saved in this way : his only salvation was to outfly the enemy.

The original Greek word used in the Bible for salvation is Soteria {so-tay-ree’ah} and here is its definition.

deliverer, health, rescue, and safety. Fourfold salvation: saved from the penalty, power, presence and most importantly the pleasure of sin. Deliverance from the molestation of enemies, future salvation: the sum of benefits and blessings which the Christians, redeemed from all earthly ills, will enjoy after the visible return of Christ from heaven in the consummated and eternal kingdom of God.

Finally the Greek word for saved used in the Bible is Sozo and its meaning.

to keep safe and sound, to rescue from danger and destruction. To save one from perishing, to save from disease, to make well, to heal, to restore. To preserve, to deliver from the penalties of sin and judgment and finally to save from the evils which obstruct the reception of deliverance.

The Truth is that we have all of these benefits now.

For He saith, I have heard thee in a time accepted, and in the day of salvation have I succoured thee: behold, now is the accepted time; behold, now is the day of salvation. 2 Corinthians 6:2

The Truth is also that we can never lose any of these benefits.

For God’s gifts and His call are irrevocable. [He never withdraws them when once they are given, and He does not change His mind about those to whom He gives His grace or to whom He sends His call.] Romans 11:29

So right now we are preserved from sin and all of its consequences, we are safe, delivered, healed, and rescued from all danger and ruin. This is Grace, we have been freely given it, we didn’t earn it,  and our Father will never take it from us.