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The Definition of EconomyWord StudiesWord Studies in the New Testament (Vincent)On 1 Timothy 1:4: Godly edifying. According to the reading oikodomian edification. So Vulg. aedificationem. But the correct reading is oikonomian ordering or dispensation: the scheme or order of salvation devised and administered by God: Gods household economy. Oikonomian is a Pauline word. With the exception of this instance, only in Paul and Luke. See Eph. i. 10; iii. 2, 9; Col. i. 25. (4: 204) On Ephesians 1:10: That in the dispensation, etc. (eiV oikonomian). The A. V. is faulty and clumsy. EiV does not mean in, but unto, with a view to. Dispensation has no article. The clause is directly connected with the preceding: the mystery which He purposed in Himself unto a dispensation. For oikonomia dispensation, see on Col. i. 25. Here and ch. iii. 2, of the divine regulation, disposition, economy of things. (3: 367) On Ephesians 3:2: Dispensation (oikonomian). See on ch. i. 10; Col. i. 25. The divine arrangement or disposition. (3: 381) On Colossians 1:25: The dispensation (oikonomian). From oikoV house and nemw to dispense or manage. Hence oikonomoV a house-steward. Here the meaning is stewardshipthe office of a steward or administrator in Gods house .In Eph. iii. 2, the word is used of the divine arrangement or economy committed to Paul. In Eph. i. 10 of the divine government or regulation of the world. (3: 478) On 1 Corinthians 9:17: A dispensation is committed unto me (oikonomian pepisteumai). Lit., I am entrusted with a stewardship. For a similar construction see Rom. iii. 2. Stewards belonged to the class of slaves .Paul is not degrading the gospel ministry to a servile office. He is only using the word to illustrate a single pointthe manner of his appointment. (3: 233) Vincent, Marvin R. Word Studies in the New Testament. 4 vols. McLean, Virginia: MacDonald Publishing Company. 1888. Vines Expository | Wuests Word Studies Translations | Definitions | Word Studies
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