The acronym for GRACE I’ve always remembered is: God’s Riches at Christ’s Expense, but I don’t like that.
I don’t like it because the Bible says God’s grace was on Jesus, right from when He was a child (Luke 2:40). That couldn’t have been God’s riches at Christ’s expense, because Jesus is the Christ, who hadn’t yet suffered death on a cross. He was just a little boy, growing up in Nazareth. There was nothing in His outward appearance to distinguish Him from those around Him (Isaiah 53:2), and yet … God’s grace was upon Him.
Another definition of grace I’ve heard: Undeserved favour. I don’t like that either, again because God’s grace was upon Jesus, who deserved every bit of it.
Shall we call it God’s favour then? God is so extravagant, He loves all those He created.
God’s Riches … Adoration … Care … Extravagance. That’s how I’ll think of grace from now on. Will you?