The American Heritage® Dictionary of the English Language, 4th Edition
n. Copyrighted software that is available free of charge on a trial basis, usually with the condition that users pay a fee for continued use and support.
n. A type of software that is distributed without payment but is limited in any combination of functionality, availability, or convenience.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. software that is available free of charge; may be distributed for evaluation with a fee requested for additional features or a manual etc.
Word Usage
"Thus I may be missing a nuance that distinguishes shareware from commercial software, but it seems that networking and viral distribution have become so commonplace that shareware is no longer any significant distinction."