Note 7 at Acts 2:21: The word "salvation" is found 163 times in the Bible, 118 times in the Old Testament and 43 times in the New Testament. Variations of this word such as "save," "saved," etc. are used hundreds of other times. It is used as an all-inclusive word to denote all the acts and processes of God's redemption of mankind. One of the great tragedies in the church has been the association of the word salvation with the initial forgiveness of sins only.

As can be clearly seen here by comparing Peter's quote with the original passage from Joel 2:32, salvation and deliverance are the same thing. Deliverance is a part of our salvation as is healing, prosperity, righteousness, justification, forgiveness, sanctification, and glorification.

The Greek word translated "saved" in this passage, as well as 91 other times in the New Testament, is "sozo." This word was used of deliverance from danger or suffering in Matthew 8:25; 14:30; John 12:27; 1 Timothy 2:15; Jude 5. In James 5:15, this word "sozo" (saved) is used when referring to physical healing. The same word was also translated "made whole" eleven other times in reference to a physical healing (Mt. 9:21, 22 {twice}; Mk. 5:28, 34; 6:56; 10:52; Lk. 8:48, 50; 17:19; Acts 4:9; see note 2 at Mt. 8:17, p. 119).