Charis, the name of our little girl, but we never were able to use it. Yet gives hint based on Greek language. Gifts, giving, graciousness. A. Grace is unmerited favor. B. Grace is God giving us what we need, not what we deserve.
Grace involves more than salvation.
Study your Bibles. At least three general areas can be identified based on person and works of God. There may be more, with various distinctions. A. Creative grace. C. Saving grace, sanctifying grace, eternal grace.