But here we read not only of an inheritance, which belongs to us, but it speaks of "the purchased possession." There is no difference at all between these two terms "our inheritance" and "the purchased possession;" they are one and the same thing. The inheritance, the possession of the heavenlies and of the earth is acquired or purchased and the purchase price is the blood of the Son of God. The precious blood of the Son of God has not only redeemed us and made it possible for us to share His inheritance to the praise of His Glory, but it has also purchased both the heavenlies and the earth. The heavenlies as well as the things on earth have been defiled by sin and needed the purchase; the blood of the Son of God alone could accomplish that. In the same sense we read in the first chapter of Colossians of the reconciliation of all things, the things in heaven and the things on the earth. It is an interesting fact that we find the same word "the purchased possession" as it is translated here at four other places in the New Testament. Twice in Thessalonians, once in Hebrews and once in 1st Peter. Each time it refers to the future. 1 Thess. v:9. "God has not set us for wrath, but (literally) unto acquiring salvation through our Lord Jesus Christ, who has died for us that whether we may be watching or sleep, we may live together with Him. The "acquiring of salvation" is future and corresponds to the "purchased possession." 2 Thess. ii:14. "Unto which He called you through our Gospel, unto an acquiring of the Glory of the Lord Jesus Christ." 1 Peter ii:19.... "A people for an acquisition;" that is, a people formed for a possession corresponding to Isaiah xliii:2. "This people have I formed for myself, they shall show forth my praise." This is spoken, of course, concerning Israel. It also finds an application in the church, the royal Priesthood. In the possession of our inheritance we shall make known His excellencies, His Glory. Hebrews x:39. The word is likewise found also relating to the future, "the preservation of the soul," the same as salvation in the future sense. 2. And now we reach the main thought of the Scripture before us. The purchased possession, the inheritance, though it has been fully paid for, is completely purchased, is yet to be redeemed. While we said that our inheritance and the expression "the purchased possession" are the same, it is not so with "purchase" and "redemption." These are two different things. The purchase is by blood, but the redemption here is by power. The purchased possession is to be redeemed by power.