different between dispensation vs handout

English

From Old French despensacion, from Latin dispens?ti?

dispensation (countable and uncountable, plural dispensations)

The act of dispensing or dealing out; distribution; often used of the distribution of good and evil by God to man, or more generically, of the acts and modes of his administration.
That which is dispensed, dealt out, or appointed; that which is enjoined or bestowed
A system of principles, promises, and rules ordained and administered; scheme; economy; as, the Patriarchal, Mosaic, and Christian dispensations.
The relaxation of a law in a particular case; permission to do something forbidden, or to omit doing something enjoined; specifically, in the Roman Catholic Church, exemption from some ecclesiastical law or obligation to God which a man has incurred of his own free will (oaths, vows, etc.).

From hand +? out, from the phrasal verb.

handout (plural handouts)

A worksheet, leaflet, or pamphlet that is given out (usually by hand) for a certain use.
A gift to the poor or needy.
A gift, something obtained without effort.
- November 2 2014, Daniel Taylor, "Sergio Agüero strike wins derby for Manchester City against 10-man United," guardian.co.uk
  They had contributed heavily to their own downfall, most glaringly with the senselessness of Chris Smalling’s red card, and they should know by now that Manuel Pellegrini’s team are not the kind of opponents to pass up these kind of handouts.

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