"The word “gospel” comes from the Greek word euangélion which is properly translated “good news.” In ancient history, the word was given to any message of great joy. In the Scriptures, the Gospel is the “good news” that through the life, death, and resurrection of Jesus Christ, the penalty of sin has been paid and sinful men may be saved!
In accordance with the Father’s good pleasure, the eternal Son, who is equal with the Father and the exact representation of His nature, willingly left the glory of heaven, was conceived by the Holy Spirit in the womb of a virgin, and was born the God-Man - Jesus of Nazareth. As a man, He walked on this earth in perfect obedience to the Law of God. In the fullness of time, He was rejected by men and crucified. On the cross, He bore man’s sin, suffered God’s wrath, and died in man’s place. On the third day, He was raised from the dead. This resurrection is the divine declaration that the Father has accepted His Son’s death as a sacrifice for sin, that the penalty for man’s disobedience has been paid, the demands of justice satisfied, and the wrath of God appeased. Forty days after the resurrection, the Son of God ascended into the heavens, sat down at the right hand of the Father, and was given glory, honor, and dominion over all. There in the presence of God, He represents His people and makes requests to God on their behalf. All who acknowledge their sinful, helpless estate, and throw themselves upon Christ will be fully pardoned, declared righteous, and reconciled to God. This is the Gospel of God and of Jesus Christ His Son." ~Paul Washer, Journey into the Gospel - With Friends, pg3