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Even in English-speaking countries, such as California, the terms "reserve", "special reserve" and "select" are not defined by law.
Sometimes, adding these terms to a well-known vintage can imply that it is a great wine. It is therefore important to be wary of this.
In restaurants, on the other hand, the owner's reserve is often a cheap, entry-level wine.
Sometimes, it is a term used for appellation wines, indicating that the bottle belongs to a production specially selected by the producer or bottler.
In tasting, a wine with reserve is a wine that promises significant development as it matures and has not yet reached its peak.
Reserve wines in Champagne are wines kept by merchants to be used in future blends.Source: Alexandre Truffer