Ephesians 1:7 In him we have redemption through his blood, the forgiveness of our trespasses, according to the riches of his grace,
In whom we have redemption through his blood,….The word Redemption supposes captivity and slavery, and is a deliverance out of it. God’s elect by nature are in bondage to sin, Satan, and the law. But through the grace of Christ, they are redeemed from all iniquity; ransomed out of the hands of him that is stronger than we are. And through Christ are made freed from the law, its bondage, curse, and condemnation, and from every other enemy. I have to stress this again, this verse sums up very act of redemption with no mention of circumcision, or Baptism nor any kind of works that man could produce. We are save by the Blood of Christ as a payment for our sins,past present and future. All this is according to God the Father’s riches and Graces.
This benefit that we have been blessed with through Christ who is the author of our salvation, He was called to be the Redeemer of his people from all eternity; and he was sent in the fulness of time, to procure the redemption of them who were predestined before the foundation of the world. Being our near kinsman; and for which he was every way fit, being God as well as man; and which he has obtained by his obedience, sufferings, and death: Who is its proper author; who, by imputation, is made redemption to all the chosen ones.
According to the riches of his grace; For God of his rich grace paid the ransom price, his Son, A ransom for many; and how much soever it cost Christ to procure redemption and pardon, they are free to his people; who are redeemed without money and price of theirs, and whose sins are forgiven freely for Christ’s sake.
Isa 53:2 For he grew up before him like a young plant, and like a root out of dry ground; he had no form or majesty that we should look at him, and no beauty that we should desire him.
Isa 53:3 He was despised and rejected by men; a man of sorrows, and acquainted with grief; and as one from whom men hide their faces he was despised, and we esteemed him not.
Isa 53:4 Surely he has borne our griefs and carried our sorrows; yet we esteemed him stricken, smitten by God, and afflicted.
Isa 53:5 But he was wounded for our transgressions; he was crushed for our iniquities; upon him was the chastisement that brought us peace, and with his stripes we are healed.
Isa 53:6 All we like sheep have gone astray; we have turned–every one–to his own way; and the LORD has laid on him the iniquity of us all.
Isa 53:7 He was oppressed, and he was afflicted, yet he opened not his mouth; like a lamb that is led to the slaughter, and like a sheep that before its shearers is silent, so he opened not his mouth.
Isa 53:10 Yet it was the will of the LORD to crush him; he has put him to grief; when his soul makes an offering for guilt, he shall see his offspring; he shall prolong his days; the will of the LORD shall prosper in his hand.
Isa 53:11 Out of the anguish of his soul he shall see and be satisfied; by his knowledge shall the righteous one, my servant, make many to be accounted righteous, and he shall bear their iniquities.