The Collaborative International Dictionary of English v.0.48:

Free-handed \Free"-hand`ed\, a.
   1. Open-handed; liberal; given or giving freely or liberally;
      as, a freehanded host. [WordNet sense 2]

   Syn: big, bighearted, bounteous, bountiful, handsome, giving,
        liberal, openhanded.
        [1913 Webster + WordNet 1.5]

   2. same as freehand. [WordNet sense 1]

   Syn: free, freehand, unguided, untraced.
        [WordNet 1.5] freehearted