The Bible teaches that believers are bought with a price, specifically the sacrificial death of Jesus Christ.
According to 1 Corinthians 6:20, believers are reminded that they are 'bought with a price.' This price refers to the sacrificial atonement made by Jesus Christ, who gave His life as a ransom for many (Matthew 20:28). Our freedom from sin and bondage is afforded by Christ's blood, which satisfies God's justice and allows for salvation to be freely offered to God's chosen.
1 Corinthians 6:20, Matthew 20:28
We know Christ's atonement is effectual because it actually redeems His people, securing their salvation forever.
The effectual nature of Christ's atonement is evidenced in Scripture and affirmed by the Reformed tradition. In Acts 20:28, Paul reminds us that Christ purchased the church with His own blood, signifying that His sacrifice was sufficient for the sins of His people. John Owen stated that if Christ died for the sins of all men, then all men would be saved, acknowledging that the atonement was intended for the elect. Therefore, those for whom Christ died are eternally secure, as God cannot fail in His purpose to save His chosen ones.
Acts 20:28, John 6:39
Being not our own is significant as it emphasizes that believers belong to Christ, who is responsible for their salvation and guidance.
The idea that we are 'not our own' (1 Corinthians 6:19-20) underscores the profound truth of belonging to Christ. Being bought with a price means that Jesus is our owner and protector. He takes responsibility for our spiritual well-being, guiding us and providing for our needs. This understanding fosters a sense of security and comfort for believers, knowing that they are cared for by their Savior who will not lose any of His own (John 10:28-29). This ownership gives Christians purpose and assurance as they live according to God's will.
1 Corinthians 6:19-20, John 10:28-29
Christ's blood is significant as it is the means through which believers are redeemed and made righteous before God.
The blood of Christ plays a central role in the redemption of believers. 1 Peter 1:18-19 clarifies that we are redeemed not with corruptible things but with the precious blood of Christ, as a Lamb without blemish. His blood signifies a finished work of atonement that reconciles us to God. This perfect sacrifice eliminates the need for further payment for sin, affirming our standing before God as justified. The blood of Christ thus not only liberates but also sanctifies and secures believers in their faith journey.
1 Peter 1:18-19, Romans 5:9
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