"rejoice because of your hope" or "rejoice as you hope." Here the word "hope" is a person's confident expectation that what he desires really will happen. The abstract noun "hope" can be translated here with the verbs "confidently expect" or "confidently wait" or "trust." Alternate translation: "rejoice because of what you confidently wait for" or "rejoice as you confidently wait" (See: [[rc://en/ta/man/translate/figs-abstractnouns]])