Glossary A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | 1 | 3 | 4 | 5 Definitions by InvestorWords.com   What is...? uncommitted shares Uncommitted shares are shares of stock contained in a specific lot within your account that are not currently associated with another sell order. Only your uncommitted shares may be associated with a new sell order. Customers may select uncommitted shares in specific lots when selling securities they own through our Web site. Choosing to sell specific lots (rather than selling the oldest lots first) is an important consideration when you are managing the tax consequences of your trading. By selecting one lot rather than another, you may incur a different profit or loss and may need to pay short-term rather than long-term capital gains tax. You should always consult your tax advisor if you need advice regarding which lots to sell. Copyright ©2009 by InvestorGuide.com. All Rights Reserved.