God’s Economy: recovered by Witness Lee, enjoyed by local churches

The Definition of Economy

Word Studies

Today’s Dictionary of the Bible

Dispensation (Gr. oikonomia, “management,” “economy”). (1.) The method or scheme according to which God carries out his purposes toward men is called a dispensation. There are usually reckoned three dispensations—the Patriarchal, the Mosaic or Jewish, and the Christian. (See Covenant, Administration of.) There were so many stages in God’s unfolding of his purpose of grace toward men. The word is not found with this meaning in Scripture.

(2.) A commission to preach the gospel (1 Cor. 9:17; Eph. 1:10; 3:2; Col. 1:25). (182)

Today’s Dictionary of the Bible. Minneapolis: Bethany House Publishers. 1982.

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