From v. 4 to 11, this passage describes the Christ method to be saved from defeat. It is not by merrit works like the old testament was, but by believing and declaring Jesus Christ raised from the dead. While being saved is usually seen as after we die, V. 11 indicates that this promise is for now, during this life. In the phrase "Word of faith", "Word" is from the Gr. "Rhema" which I gather means, that which God reveals or gives to us, beyond the method of giving, for which the Gr. is "logos". Anyway, "The word of faith" needs not be sought as from a distance, but it is in believing and declaring Jesus. Doing this, we will not be defeated.
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