announcement vs handout

announcement and handout both are nouns.

Word	Noun	Adjective	Verb	Adverb
announcement	Yes	No	No	No
handout	Yes	No	No	No

As nouns, handout is a hyponym of announcement; that is, handout is a word with a more specific, narrower meaning than announcement:

announcement: a public statement containing information about an event that has happened or is going to happen
handout: an announcement distributed to members of the press in order to supplement or replace an oral presentation

Other hyponyms of announcement include advisory, banns, press release, release, notice, program, programme, wanted notice, wanted poster.

announcement (noun)	handout (noun)
a public statement containing information about an event that has happened or is going to happen	giving money or food or clothing to a needy person
a formal public statement	an announcement distributed to members of the press in order to supplement or replace an oral presentation