Photo: a sprinter at the starting block. Equal opportunity is a stipulation that all people should be treated similarly, unhampered by artificial barriers or prejudices or preferences, except when particular distinctions can be explicitly justified.
Bailout definition, the act of parachuting from an aircraft, especially to escape a crash, fire, etc. See more.
Freebase (0.00 / 0 votes) Rate this definition: Handout. A handout is something given freely or distributed free to those in need. It can refer to materials handed out for presentation purposes or to a charitable gift, among other things. During the Great Depression, many people lived entirely on handouts of one kind or another.