The dispensation of grace extends from the cross to the crown for Christ or from Pentecost to the Rapture of the church for the believer.
Dispensation is the method or scheme according to which God carries out His purposes towards men. In the greek, it refers to being a steward, managing a household properly, the management or administration of. The Latin root word of dispensation is dispensare, which means to disburse or administer.
[important]Colossians 1:25, Of this church I was made a minister according to the stewardship from God bestowed on me for your benefit, so that I might fully carry out the preaching of the word of God. NASB[/important]
The sacrificial death of the Lord Jesus Christ introduced the dispensation of pure grace, which means undeserved favor or God giving righteousness instead of God requiring righteousness as under the law.
Salvation and eternal life is now freely offered to Jew and Gentile upon the acknowledgment of sin or repentance with faith in Christ.
Graced to Grow,