“What shall I return to Yahweh
For all his bounty to me?
I will lift up the cup of salvation.
I will call on the name of Yahweh.
I will pay my vows to Yahweh
In the presence of all his people.
Precious in the sight of Yahweh
Is the death of his faithful ones.”
The psalmist wants to know what he can offer to Yahweh for all the goodness that he has shown him. He was going to lift up the cup of salvation and call on his name. This was picked up later by the Christians who emphasized this cup of salvation. He was going to pay his vows to Yahweh in the presence of all the people. He realizes that the faithful ones were precious in the sight of Yahweh.