Defined
“Total well-being, prosperity, and security associated with God’s presence among his people. Linked in the OT with the covenant, the presence of peace, as God’s gift, was conditional upon Israel’s obedience. In prophetic material, true peace is part of the end-time hope of God’s salvation. In the NT, this longed-for peace is understood as having come in Christ and able to be experienced by faith.”
Walter A. Elwell and Barry J. Beitzel, Baker Encyclopedia of the Bible (Grand Rapids, Mich.: Baker Book House, 1988), 1634.