Verses 2–4
world
kosmos = world-system. Colossians 2:20; John 7:7. (See Scofield "Revelation 13:8").
Verses 5–7
dead
Death (spiritual), Summary: Spiritual death is the state of the natural or unregenerate man as still in his sins. Ephesians 2:1 alienated from the life of God Ephesians 4:18,19 and destitute of the Spirit. Prolonged beyond the death of the body, spiritual death is a state of eternal separation from God in conscious suffering. This is called "the second death." ; Revelation 2:11; 20:6,14; 21:8.
saved(See Scofield "Romans 1:16").
Verses 8–9
grace Grace (in salvation). Ep 5,7,8 Colossians 1:6; Romans 3:24; John 1:17 (See Scofield "John 1:17")
saved
See note, (See Scofield "Romans 1:16")
Verses 10–11
created
(See Scofield "Ephesians 4:24").
Verses 12–14
world
kosmos = mankind. (See Scofield "Matthew 4:8").
Verses 15–22
new man
Here the "new man" is not the individual believer but the church, considered as the body of Christ in the sense of Ephesians 1:22,23; 1 Corinthians 12:12,13; Colossians 3:10,11. (See Scofield "Hebrews 12:23").