is,
The love and favor of God, which we did not earn, but which He gives us freely; also, a state of reconciliation to God; also, favorable influence of God; divine influence or the influence of the Spirit, in renewing the heart and restraining from sin.

...For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast.
Ephesians 2:8-9