ISRAEL

After Jacob had his famous encounter with the "messenger" of Jehovah (Gen. 32:29; cf. Hos. 12:4-5), his name was changed to "Israel," suggesting, "he who strove with God." Later, the name is applied to the descendants of Jacob generally (Gen. 32:32; Ex. 1:9; 12:3). When the kingdom split during the days of Rehoboam, the ten tribes of the northern kingdom became known as "Israel," being distinguished from "Judah" in the south -- though occasionally the southern kingdom is referred to as "Israel" as well (Isa. 8:14). When the Mosaic law was abrogated (Rom. 7:1ff; Eph. 2:11ff; Col. 2:14ff), old Israel was taken away -- the final demise coming with the Roman assault in A.D. 70. The new "Israel" is the kingdom of Christ (Rom. 2:28-29; Gal. 3:26-27, 29; 6:16; Mt. 21:43; 1 Pet. 2:9). There is no promise of the "restoration" of Israel, as alleged by dispensationalists and premillennialists. Old Testament promises of restoration pertained either to: (a) a restoration of the exiles from the Babylonian captivity; or, (b) the spiritual restoration to be effected in the church (Acts 3:21-24). Note the connection in this latter passage between "restoration" and "these days," i.e., the days of the Christian age (vv. 21, 24).
Adapted from the book "Bible Words and Theological Terms Made Easy" by Wayne Jackson