I Timothy 2: 5 For there is one God, and there is one mediator between God and men, the man Christ Jesus, 6 who gave himself as a ransom for all, which is the testimony given at the proper time.
As Paul reflects on the Person and work of Christ as the Savior of all mankind, and the One through Whom we have access to God in prayer, he refers to Christ as a Ransom. This is based upon the words of Christ Himself in Mark 10:43 But whoever would be great among you must be your servant, 44 and whoever would be first among you must be slave of all. 45 For even the Son of Man came not to be served but to serve, and to give his life as a ransom for many.” Jesus identified this as a name for Himself. The verb Ransom is "to free from captivity or punishment by paying a price; to deliver, especially from sin or its punishment."* Usually the person would pay the price in coin or property, but in this case, Jesus was the one who pays the price to deliver us from sin and free us from its punishment, and He Himself was the payment price. What a motivation to trust Him, thank Him, and call out to Him in prayer for others.
*(Diann Cotton: 100 Days with Jesus)
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