According to John Colquhoun (1748-1827):
The objects which the eager hand of faith grasps and receives are strictly speaking three – a word, a person, and a thing; or a verbal object, a personal object, and a real object. The word brings the person near to us, and the person brings the thing near.
These three should, in our exercise of faith, be distinguished, but never divided. The man who has one of them possesses all; and he who has not all possesses none. Christ Jesus, the glorious person, with God in him, is, as an object of faith, between the word and the thing, and it is he alone who gives importance and value to both. The former is the Word of God, and the latter the righteousness of God.
We therefore may with full assurance of faith rely on both, and be as firmly persuaded that they can never fail us as that he is the only begotten Son of God, and God equal with the Father.
A View of Saving Faith, p98.