τιμης noun - genitive singular feminine
time  tee-may': a value, i.e. money paid, or (concretely and collectively) valuables; by analogy, esteem (especially of the highest degree), or the dignity itself -- honour, precious, price, some.
ηγορασθητε verb - aorist passive indicative - second person
agorazo  ag-or-ad'-zo: to go to market, i.e. (by implication) to purchase; specially, to redeem -- buy, redeem.
μη particle - nominative
me  may: any but (that), forbear, God forbid, lack, lest, neither, never, no (wise in), none, nor, (can-)not, nothing, that not, un(-taken), without.
γινεσθε verb - present middle or passive deponent imperative - second person
ginomai  ghin'-om-ahee: to cause to be (gen-erate), i.e. (reflexively) to become (come into being), used with great latitude (literal, figurative, intensive, etc.)
δουλοι noun - nominative plural masculine
doulos  doo'-los: a slave (literal or figurative, involuntary or voluntary; frequently, therefore in a qualified sense of subjection or subserviency) -- bond(-man), servant.
ανθρωπων noun - genitive plural masculine
anthropos  anth'-ro-pos: man-faced, i.e. a human being -- certain, man.