Oxford Dictionary English reservation policy nounnoun BrE BrE//ˌrezəˈveɪʃn pɒləsi// ; NAmE NAmE//ˌrezərˈveɪʃn pɑːləsi// (also reservation) [uncountable] Add to my wordlistjump to other results(in India) the policy of keeping a fixed number of jobs or places in schools, colleges, etc. for people who are members of scheduled castes, scheduled tribes or other backward classesCheck pronunciation: reservation policy oxfordlearnersdictionaries.com