Colossians 1:14 In whom we have redemption through his blood, even the forgiveness of sins 

‘In whom we have redemption through his blood, even the forgiveness of sins.’ This is the price God paid to manifest His grace and adopt us as sons (1:14; Rom. 3:24-25; 8:23; 1Cor. 1:30; Heb. 12:15; Rev. 5:9-10).

‘Redemption’ [Greek: lutrosis] a ransoming. It is from lutron [a ransom price of redemption; an atonement; a release on receipt of a ransom price; Matt. 20:28; Mark 10:45] and lutroo to redeem (1Pet. 1:18; Luke 24:21; Tit. 2:14) The Greek word apolutrosis means to redeem by paying the price (Ex. 21:8; Gal. 3:13); a deliverance by paying a ransom (1Tim. 2:6); deliverance from the penalty of sin, including forgiveness of sin (1:14; Rom. 3:24; Eph. 1:7, 14; 4:30; Heb. 9:15); and restoration of all creation from the curse (Rom. 8:23).

Man sold himself as a slave to sin and satan. God paid the price of His redemption. Man is now obligated to meet God’s terms of faith, repentance, and service if he wants to be redeemed. The ultimate redemption by atonement is not only to remove all sins but also all sicknesses with complete redemption of body as well as soul (Rom. 8:11, 17-24; Php. 3:21; Eph. 5:27). If God deals with sin now, He also deals with disease as clearly revealed in the whole truth (Isa. 6:10; 61:1; Matt. 13:15; John 10:10).

There are seven steps of gospel redemption: The plan of God to redeem the world by the incarnation of God’s Son (Gal. 4:4; Gen. 3:15; Isa. 7:14; 9:6-7; Matt. 1:18-25). The manifestation of God’s Son in “the fulness of the time” (Gal. 4:4; Dan. 9:24-26; Matt. 1:18-25). The circumstances of His appearing: made of a woman; made under the law; to be a perfect sacrifice (Gal. 4:4-5; John 3:16; Heb. 10:1-18). The redemption by His death (Gal. 4:5; Rom. 3:24; 1Pet. 2:24; Eph. 1:7; Heb. 9:15). The sonship by adoption of all who believe (Gal. 4:6; Rom. 8:14-16; Eph. 1:5). The impartation of the Holy Spirit (Gal. 4:6; Rom. 8:9-16; Gal. 3:14). The heirship of all sons (Gal. 4:7; Rom. 8:14-18; Eph. 1:11; 1Pet. 1:4).

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