What is the meaning of Olive?

A tree (Olea Europaea) with small oblong or elliptical leaves, axillary clusters of flowers, and oval, one-seeded drupes. The tree has been cultivated for its fruit for thousands of years, and its branches are the emblems of peace. The wood is yellowish brown and beautifully variegated.

Source: Webster’s Revised Unabridged Dictionary (1913), via OPTED