The third word is “redemption” or the verb form, “redeem.”
…being justified freely by His grace through the redemption that is in Christ Jesus.
Redeem or Redemption (גָּאַל – ga’al) or (פָּדָה –pä·dä’) (ἀπολύτρωσις-ä-po-lü’-trō-sēs) is the act of regaining or gaining possession of something in exchange for payment, or clearing a debt.
Redemption is the result of justification by faith.
PRAY FOR ISRAEL’S REDEMPTION AND SALVATION THROUGH FAITH IN YESHUA THE MESSIAH.
[Jerusalem of Gold, sung by Robert Stearns: http://eagleswings.to/home]