3:24a

receive an inheritance from the Lord: See the note on inheritance in 1:12b. To receive an inheritance means to receive the benefits that the Lord has promised to give his people.

as your reward: Paul was telling the slaves who are obedient that God would repay/reward them, that is, he would give them the good things/blessings they deserved because of the work they had done.

In this verse, reward and “inheritance” refer to the same thing. Here is one way to translate this part of the verse:

Remember that the Lord will reward you, that is, he will give you your share in the blessings he has prepared ⌊for all his people⌋.

3:24b

It is the Lord Christ you are serving: Remember that in Greek the word kurios means, “Lord” and “master.” An appropriate way to translate this is to say:

The Master you are serving is Christ.

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