Grace - 1Co 15:10 But by the grace of God I am what I am:

Grace is unmerited favor. It is God's free action for the benefit of His people. It is different than Justice and Mercy. Justice is getting what we deserve. Mercy is not getting what we deserve. Grace is getting what we do not deserve. In grace we get eternal life, something that, quite obviously, we do not deserve. But because of God's love and kindness manifested in Jesus on the Cross, we receive the great blessing of redemption.

Grace is God's Riches At Christ's Expense. Grace rules out all human merit. It is the product of God, that is given by God, because of who He is not because of who we are. It is the means of our salvation (Eph. 2:8-9). We are no longer under the Law, but under grace (Rom. 6:14). (See Acts 15:11; Rom. 5:2,15-20; 2 Cor. 12:9; and 2 Cor. 9:8).