The term 'GAVE OUT SPARINGLY' can be summarized by the word 'DOLED', which is a verb meaning to give out in small amounts or portions. This term is often used to describe the act of distributing something, such as money or resources, in a limited or controlled manner. It implies that the person giving out the item is being careful and judicious with their distribution. This term is often used in the context of economics, where it is important to ensure that resources are not wasted or misused.