1. It has reference primarily to the Judgement of God to which man is obnoxious by reason of sin. This is illustrated by the Destruction of the firstborn (the strength) of Egypt when the destroying angel passed through the land. The Israelites were saved only through being sheltered by the blood of the Passover lamb. Salvation is based on God's Righteousness having been maintained and declared in the death of Christ, and hence is for the Believer in Christ. Luke 1: 77.
2. Intimately connected with the above is the question of salvation from enemies Carnal or Spiritual. With Israel it was the former, as the Egyptians and the Canaanites. With Christians it is the latter, as sin, death, the world and the power of Satan. Salvation in this sense is by the power of God. Luke 1: 71.
3. It has reference further to the actual physical condition of Christians which is met by the Redemption of the body. In this sense salvation is hoped for. During the interval the Christian has to work out into result his own salvation (it was in the case of the Philippians their 'own salvation' in contrast to the care exercised over them by Paul when present with them). Phil. 2: 12, 13: cf. Heb. 7: 25.