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What is saving grace according to the Bible?

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Saving grace is the unmerited favor of God that leads to the redemption of sinners through faith in Christ.

Saving grace is described in the Bible as the divine assistance given by God for regeneration and sanctification. It is not merely a concept but a transformative power that brings sinners from death to life as seen in Ephesians 2:8-9: 'For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast.' This passage reinforces that salvation is entirely a work of God and not of human merit. God's grace is sufficient, abounding, and sovereignly distributed to those He has called, ensuring that what is begun in grace is completed in grace.
Scripture References: Ephesians 2:8-9, 2 Corinthians 12:9

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