The Collaborative International Dictionary of English v.0.48:

Color \Col"or\, v. t. [imp. & p. p. Colored; p. pr. & vb. n.
   Coloring.] [F. colorer.]
   1. To change or alter the hue or tint of, by dyeing,
      staining, painting, etc.; to dye; to tinge; to paint; to
      stain.
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            The rays, to speak properly, are not colored; in
            them there is nothing else than a certain power and
            disposition to stir up a sensation of this or that
            color.                                --Sir I.
                                                  Newton.
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   2. To change or alter, as if by dyeing or painting; to give a
      false appearance to; usually, to give a specious
      appearance to; to cause to appear attractive; to make
      plausible; to palliate or excuse; as, the facts were
      colored by his prejudices.
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            He colors the falsehood of [AE]neas by an express
            command from Jupiter to forsake the queen. --Dryden.
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   3. To hide. [Obs.]
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            That by his fellowship he color might
            Both his estate and love from skill of any wight.
                                                  --Spenser.
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The Collaborative International Dictionary of English v.0.48:

Colored \Col"ored\, a.
   1. Having color; tinged; dyed; painted; stained.
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            The lime rod, colored as the glede.   --Chaucer.
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            The colored rainbow arched wide.      --Spenser.
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   2. Specious; plausible; adorned so as to appear well; as, a
      highly colored description. --Sir G. C. Lewis.
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            His colored crime with craft to cloke. --Spenser.
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   3. Of some other color than black or white.
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   4. (Ethnol.) Of some other color than white; having a skin
      color darker than that of caucasian people; mostly applied
      to negroes or persons having negro blood; as, a colored
      man; the colored people. Opposite of white and
      caucasian.

   Syn: coloured, dark-skinned.
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   5. (Bot.) Of some other color than green.
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            Colored, meaning, as applied to foliage, of some
            other color than green.               --Gray.
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   Note: In botany, green is not regarded as a color, but white
         is. --Wood.
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WordNet (r) 3.0 (2006):

colored
    adj 1: having color or a certain color; sometimes used in
           combination; "colored crepe paper"; "the film was in
           color"; "amber-colored heads of grain" [syn: colored,
           coloured, colorful] [ant: uncolored, uncoloured]
    2: having skin rich in melanin pigments; "National Association
       for the Advancement of Colored People"; "dark-skinned
       peoples" [syn: colored, coloured, dark, dark-skinned,
       non-white]
    3: favoring one person or side over another; "a biased account
       of the trial"; "a decision that was partial to the defendant"
       [syn: biased, colored, coloured, one-sided,
       slanted]
    4: (used of color) artificially produced; not natural; "a
       bleached blonde" [syn: bleached, colored, coloured,
       dyed]
    n 1: a United States term for Blacks that is now considered
         offensive [syn: colored person, colored]