Psalms 49:8

“for costly is the ransom of their soul, and it ceases forever,”

Psalms 49:8 · direct translation from the Hebrew
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Psalms 49:8, word by word

costlyיֵקַרyekar

be precious

To be of great worth to someone.

Where else “yekar” appears
is the ransomפִּדְיוֹןpidyon

ransom

Ransom: what is paid to set a life free.

Where else “pidyon” appears
of their soulנַפְשָׁnafsha

life

Life, when it is at stake.

Where else “nafsha” appears
and it ceasesחָדַלchadal

cease, stop

Stop doing something, cease; leave off.

Where else “chadal” appears
foreverעוֹלָםolam

forever

Time without end, beyond what a lifetime can see.

Where else “olam” appears

Translation note

“And it ceases forever”: one has to give up paying it; it is never enough.

The context

7A brother by no means can a man ransom; he will not give to Elohim his price,

8 · This verse (above)

9that he should live on forever and not see the pit.

Read all of Psalms 49

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