There are two primary Greek words that describe Scripture which are translated “word” in the New Testament.

The first is logos, refers principally to the total inspired Word of God and to Jesus, who is the living Word. Logos is found in John 1:1; Luke 8:11; Philippians 2:16; Hebrews 4:12; and other verses.

John 1:1
1 In the beginning was the Word, and the Word was with God, and the Word was God.

Luke 8:11
11 Now the parable is this: The seed is the word of God.

Philippians 2:16
16 holding fast to the word of life, so that in the day of Christ I may be proud that I did not run in vain or labor in vain.

Hebrews 4:12
12 For the word of God is living and active, sharper than any two-edged sword, piercing to the division of soul and of spirit, of joints and of marrow, and discerning the thoughts and intentions of the heart.

The second Greek word that is translated “word” is rhema.  This refers to the spoken word. Rhema literally means an utterance (individually, collectively or specifically). Examples of rhema are found in Luke 1:38; 3:2; 5:5; and Acts 11:16.

Luke 1:38
38 And Mary said, “Behold, I am the servant of the Lord; let it be to me according to your word.” And the angel departed from her.

Luke 3:2
2 during the high priesthood of Annas and Caiaphas, the word of God came to John the son of Zechariah in the wilderness.

Luke 5:5
5 And Simon answered, “Master, we toiled all night and took nothing! But at your word I will let down the nets.”

Acts 11:16
16 And I remembered the word of the Lord, how he said, ‘John baptized with water, but you will be baptized with the Holy Spirit.’

The Word of Faith movement grew out of the early Pentecostal movement in the late 20th century. Its founder was E. W. Kenyon, who studied the metaphysical New Thought teachings of Phineas Quimby. Mind science (where the phrase "name it and claim it" originated)

was combined with Pentecostalism, resulting in a peculiar mix of orthodox Christianity and mysticism. Kenneth Hagin, in turn, studied under E. W. Kenyon and made the Word of Faith movement what it is today. Although individual teachings range from completely heretical to completely ridiculous, what follows is the basic theology most Word of Faith teachers align themselves with.

At the heart of the Word of Faith movement is the belief in the "force of faith." It is believed words can be used to manipulate the faith-force, and thus actually create what they believe Scripture promises (health and wealth). Laws supposedly governing the faith-force are said to operate independently of God’s sovereign will and that God Himself is subject to these laws. This is nothing short of idolatry, turning our faith—and by extension ourselves—into god.

From here, its theology just strays further and further from Scripture: it claims that God created human beings in His literal, physical image as little gods. Before the fall, humans had the potential to call things into existence by using the faith-force. After the fall, humans took on Satan’s nature and lost the ability to call things into existence. In order to correct this situation, Jesus Christ gave up His divinity and became a man, died spiritually, took Satan’s nature upon Himself, went to hell, was born again, and rose from the dead with God’s nature. After this, Jesus sent the Holy Spirit to replicate the Incarnation in believers so they could become little gods as God had originally intended.

Following the natural progression of these teachings, as little gods we again have the ability to manipulate the faith-force and become prosperous in all areas of life. Illness, sin, and failure are the result of a lack of faith, and are remedied by confession—claiming God’s promises for oneself into existence. Simply put, the Word of Faith movement exalts man to god-status and reduces God to man-status. Needless to say, this is a false representation of what Christianity is all about. Obviously, Word of Faith teaching does not take into account what is found in Scripture. Personal revelation, not Scripture, is highly relied upon in order to come up with such absurd beliefs, which is just one more proof of its heretical nature.

3: 1 Now the serpent was more subtil than any beast of the field which the Lord God had made. And he said unto the woman, Yea, hath God said, Ye shall not eat of every tree of the garden? 2 And the woman said unto the serpent, We may eat of the fruit of the trees of the garden:

3 But of the fruit of the tree which is in the midst of the garden, God hath said, Ye shall not eat of it, neither shall ye touch it, lest ye die. 4 And the serpent said unto the woman, Ye shall not surely die: 5 For God doth know that in the day ye eat thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil.