By purchased grace, I understand all that righteousness and grace which Christ hath procured, or wrought out for us, or doth by any means make us partakers of, or bestows on us for our benefit, by any thing that he hath done or suffered, or by any thing he continueth to do as mediator:— First, What this purchased grace is, and wherein it doth consist; Secondly, How we hold communion with Christ therein; are the things that now come under consideration.