Largess (sometimes spelled largesse) is the noble practice of giving to the less fortunate, usually with food, money or clothing. In period, largess was seen as a duty of the upper classes, especially on feast days or special occasions, such as weddings or tournaments. It has a basis both in Christian charity and the somewhat more selfish need to demonstrate one's social standing.
Largess in the SCA
Largess, in the sense of giving alms to the poor, is not generally practiced in the SCA, likely owing to the dearth of peasant and beggar personas. Instead, the word "largess" tends to refer to the selfless practice of bringing free food to events and distributing it to attendees. Small pastries, baking, and especially fudge and other sweets are generally used for this purpose.
Occasionaly, Royals or members of the populace will create different items to be given to those whom the giver feels inclined. Such items like arm bands are given away by Duke Cariadoc of the Bow or woven trinkets such as belt favors are usually made by the giver and can be used for on the spot recognition by Royals instead of an offical award.