What does RESERVATION. stand for?

What does RESERVATION. mean? We have 2 definitions. Read most used RESERVATION. meanings below.

GUARANTEED RESERVATION. — A reservation that will be held all night, whether or not the party arrives on time. Generally, the buyer pays for the privilege by guaranteeing payment whether or not the reservation is used.
RESERVATION. — 1. An agreement reached between a supplier and a traveler or travel agent or a clerical or electronic process whereby a seat, a room, a berth or other accommodation is withdrawn from sale and set asid

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