an announcement distributed to members of the press in order to supplement or replace an oral presentation
"The journalist thanked the PR team for sending over the detailed handout that would accompany their live coverage of the mayor's speech."
giving money or food or clothing to a needy person
"The charity organized a winter drive where volunteers could drop off coats and warm meals for families in need as handouts."
A worksheet, leaflet, or pamphlet that is given out (usually by hand) for a certain use.
"The teacher passed around a detailed handout explaining the steps for the upcoming science experiment."
This word comes from combining the noun "hand" with the verb "out." It originally meant to give something by handing it directly to someone.