Leviticus 25:8-23
“And you shall hallow the fiftieth year, and proclaim liberty throughout all the land to all the inhabitants thereof: it shall be a jubilee to you; and you shall return every man to his possession, and you shall return every man to his family.” (Lev. 25:10)
Simply put, once every fifty years universal liberty was proclaimed in the land belonging to Israel. All prisoners and captives obtained their liberties, slaves were declared free, and debtors were absolved. The land, as on the sabbatic year, was neither sowed nor reaped, but allowed to enjoy with its inhabitants a sabbath rest; and its natural produce was the common property of all. Moreover, every inheritance throughout the land of Judea was restored to its original owner.
The liberty every man was born to (if sold or forfeited) should return at the year of jubilee. This was a forshadowing of the redemption by Christ from the slavery of sin and Satan, and of being brought again to the liberty of the children of God.
The Truth
“And they sung a new song, saying, Thou art worthy to take the book, and to open the seals thereof: for thou was slain, and hast redeemed us to God by thy blood out of every kindred, and tongue, and people, and nation.” (Rev.5:9)