Jesus Presents a Greater Covenant
How many times have you refinanced your mortgage?
In terms of initiation, contracts are made by the exchange of promises, whereas covenants are sworn by solemn oaths. In application, contracts are limited by the terms of the exchange of property (“this is yours, that is mine”), while covenants involve an exchange of life (“I am yours, you are mine”), which covers a virtually unlimited range of human relations and duties. In terms of motivation, contracts are based on profit and self-interest, while covenants call for self-giving loyalty and sacrificial love. Contracts are temporary while covenant bonds are permanent, even intergenerational. Such distinctions do not imply that covenants are necessarily opposed to contracts, since covenants call for both promise-making and oath-swearing (Heb 6:13–18). A contract is an arrangement in human affairs that may be reinforced by swearing a covenant, in order to add the more binding dimension of the divine.