Much of the controversy surrounding the eternal security of the believer would be laid to rest if people understood that the word “salvation” is found in several different contexts. It is used in respect to Israel being saved from her enemies (1 Samuel 19:5, 2 Chronicles 20:17, Psalms 35:3). It is also used for salvation from the hurts and discouragements of the flesh (Psalms 37:39, 69:29) and from false doctrine (1 Timothy 4:16).
Also, there are three uses of the word “salvation” when referring to believers in Christ. They are:
1). PAST — The initial forgiveness of sin and deliverance from an eternity in Hell. We have been delivered, or saved, from the penalty of sin. This is oftentimes referred to as justification, which means “to be declared righteous.” ...