Shareware is software distributed at no cost initially but typically provided as a limited version with restrictions. The limitations may include reduced features, a trial period, watermarks, usage limits, or reminders to purchase the full product. In Information Technology, shareware is often used as a marketing and distribution model that allows users to evaluate software before buying a license to unlock full functionality. This differs from freeware, which is available at no cost and is usually fully functional, though the author retains copyright. Public domain software has no copyright restrictions and can be used, modified, and redistributed freely, which is different from a limited trial distribution model. Closed-source refers to software where the source code is not publicly available, but it does not automatically mean the software is free or functionally limited. Since the question describes a functionally limited version available at no cost, the correct type of software is shareware.