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Difference between khiarat & sadqa

Answered as per Hanafi Fiqh by ShariahBoard.org
I want to find out what is the difference between just Khiarat, Sadqa and just give away the money, and when we should do Sadqa only, or sacrifice only or just giveaway.
sadaqat and khairat mean the same thing. But sadaqat is of two different kinds. One is necessary which are called obligatory charity. The other is non obligatory. Mostly, charity or sadaqat is known for nonobligatory charity. The place of expenditure for both charities is different.

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