What is a "Dispensationalist" Theology?
A Dispensationalist is a Christian who sees in Scripture certain clear divisions in the progress of revelation in which God governs history. At its best this is done on the basis of the covenants revealed in the Bible. A “dispensation” (Greek, oikonomia) is an administration or economy, wherein, within a certain period of time (known to God, but afterwards revealed to man), God pursues His plan through the lives of men. The term oikonomia is made up of two other words: oikos, meaning house, and nemo, meaning to administer, manage, or dispense.
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