Definition of handouts:
(n) :
A printed sheet such as a leaflet or pamphlet, or a worksheet, that is given out free of charge (usually by hand) for a certain use, for example as an advertisement or for information.
(n) :
(informal, often derogatory) A gift of money or material assistance to the needy or poor.
(n) :
(by extension) Something obtained without effort; a gift, a present.
(n) :
Synonym of press release (“an official written statement that is sent to the media so that it can be publicized”).
(n) :
An act of handing out something.
(adj) :
Of a thing: given out free of charge, usually by hand.