"But what is the true meaning of this word?" - Mark from Georgia It is always nice to see another who knows the meaning of words Mark from Georgia. You seem, however, to have missed an important point in that first definition: ". . .usually involving the idea that one`s own race is superior and has the right to rule others." The belief that Jews were given the land by God and have a right to dispossess other held by the settlers is in fact a perfect example of that racial superiority and the right to rule others. And a the entire second definition fits as the government clearly has"a policy, system of government, etc., based upon or fostering such a doctrine; discrimination," against Arab residents of East Jerusalem and the Occupied Territories. Thus you should be applauded for knowing that words have meanings, and chastised for failing to read your dictionary. Also, your attempt to justify Israeli racism by citing Arab racism is the classic Tu Quoque logical fallacy.
EU demands zero tolerance towards settler violence; urge Israel to protect Palestinians (Haaretz)
from the article: Britain: Israeli settlements are 'illegal' and 'obstacle' to peace