RV renders, 'Now faith is the assurance of things hoped for, the proving of things not seen.' The word represented here by 'assurance' is rendered 'substance' in Hebrews 1:3; RV and 'confidence' in Hebrews 3:14. What is meant is that faith is that which gives assurance or certainty of things still in the future. They exist apart from faith, but it is by faith that they are realised. 'Proving' means testing resulting in conviction.
Related Commentaries of Hebrews 11:1
Hebrews 11:1
1 Now faith is the substancea of things hoped for, the evidence of things not seen.