Reverse Racism

Do you believe that reverse racism exists? I have had conversations with many people who have told me about their personal experiences with reverse racism and say that it is a big problem, while others have told me that they do not believe reverse racism is a thing. So, what do YOU think, and why?

Note: In the conversations I've had, reverse racism was defined as racism towards your same race. But it seems that recently it has been changed to mean racism towards a majority race? I'm confused about this as well.