Question: What is the difference between the lake of fire and hell? Answer: Good question! The Bible assigns a unique name to the ultimate place of judgment for those who reject the gospel of grace.  To best answer your question, let me define a few things… First, those who have died without repenting and trusting  Christ’s  payment for their sin (thereby receiving the  imputation of His righteousness to them see – 2 Cor 5:21) are awaiting “final judgment” …