Translated in the KJV:  acceptable, benefit, favour, gift, grace, gracious, joy, liberality, pleasure, thank, thanks, thank-worthy

Romans 3:24  Being justified freely by His grace.

Justification is said to be by what else? (3:28, 3:30, 5:1, 5:9)

Are all people justified by His grace? (4:2)

Romans 4:16  Therefore it is of faith that it might be according to grace

If we have faith, why do we need grace? (3:25, 5:2)

Romans 5:15  The grace of God and the gift by the grace of the one Man, Jesus Christ, abounded to many.

Romans 6:14  Sin shall not have dominion over you, for you are not under law but under grace.

How can Paul then say, “I am carnal, sold under sin.” (7:14)

Ephesians 2:5  By grace you have been saved.

By what else are we said to be saved?

Romans 1:16               Saved by belief of the gospel.

Romans 5:8-11            Saved by His life.

Romans 8:24               Saved by hope (KJV).

Romans 10:9-13          Saved by confession, believing, and calling.

1 Corinthians 1:21       Saved those who believe through the foolishness of the message.

1 Corinthians 15:1-4   Saved by the gospel.

2 Corinthians 7:10       Saved by repentance.

2 Thessalonians 2:10   Saved by receiving the love of the truth.

2 Thessalonians 2:13   Saved through sanctification by the Holy Spirit and faith in the truth.

2 Timothy 1:8-9          Saved and called by God.

2 Timothy 3:15            Saved by faith in Christ Jesus.

Titus 3:5                      Saved by His mercy, the washing of regeneration, and renewing by the Holy Spirit.

Hebrews 7:25              Saved by drawing near to God through Jesus.

James 1:21                  Saved by receiving the word implanted in humility.

James 2:14                  Saved by faith with works.

1 Peter 1:9                   Saved by faith.

1 Peter 3:21                 Saved by baptism.

Miraculous gifts, special appointments, and the ability to overcome are said to be gifts of grace (Romans 12:3, 12:6, 15:15, 1 Corinthians 3:10, 15:10, 2 Corinthians 8:1, 9:8, 12:9, Galatians 1:15, 2:9, Ephesians 3:2, 3:7, 4:7, 1 Peter 4:10)

Grace and works are contrasted (Romans 6:14, 11:6, Galatians 5:4)

Grace describes the character of God that resulted in our redemption from our slavery to sin through the sacrifice of Jesus.  He justifies those who have the faith of Jesus (Romans 3:26) or the faith of Abraham (Romans 4:16).  Faith is the most valuable commodity in the universe, so God will pay any price for those who grow it.  The purchase price is a gift because we, even with faith, do not possess what would be necessary to satisfy justice.