Redeemed is one of those great words found in the hymns and literature of our faith. Fanny Crosby wrote "Redeemed, how I love to proclaim it!". It sets forth one of the most vivid pictures of deliverance known to the ancient world. The word means "to buy back by paying a price." Very few people today have had the experience of redeeming anything. But in the ancient world there were slave markets.
Soldiers who had been captured in battle and persons who could not pay their debts were sold as slaves. The Jews had the custom of the "kinsman redeemer". Gathering enough money together he going to the slave market bought back his loved one from slavery. Our Lord Jesus Christ is the great "Kinsman Redeemer" Who has bought us back from the slave market of sin. "Forasmuch as ye know that ye were not redeemed with corruptible things, as silver and gold, from your vain conversation .... but with the precious blood of Christ, as of a lamb without blemish and without spot" (I Peter 1:18-19). There is no more graphic way of setting forth the greatness of the deliverance which He has graciously given us than by that word.
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