Free handouts? Grand! (8)

I believe the answer is:

thousand

'grand' is the definition.
('thousand' can be a synonym of 'grand')

'free handouts?' is the wordplay.
'free' indicates an anagram.
'handouts' is an anagram of 'THOUSAND'.

(Other definitions for thousand that I've seen before include "Ten hundred" , "-- Island dressing" , "See 19 Across" , "Numeric value of kilo" , "in MCC, but missing double century" .)

I've seen this clue in The Telegraph.

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