COVENANTS A covenant is a compact or agreement made between two parties binding them mutually to some agreed upon obligations and benefits. Much of the history of salvation can be traced by noting both the presence and the contents of biblical covenants. Covenants may be either bilateral (“two-sided”), where both parties are obligated, or unilateral (“one-sided”), where only one party is bound by the agreement. Genesis 15:9–21 offers the best illustration of the unilateral type of covenant. The verb