An information processing system includes a management device, a terminal device, and an electronic information output device. The management device includes a storage unit that stores electronic information for which registration is requested by the terminal device, in association with identification information, an issuing unit that issues an information-embedded pattern embedded with the identification information, a determining unit that determines whether the electronic information output device has privilege to output the electronic information, and a transmitting unit that transmits the electronic information to the electronic information output device when the electronic information output device is determined to have the privilege. The terminal device includes a re-generating unit that re-generates an information-embedded pattern to be distributed by adding privilege information chosen from candidates for privilege for defining a scope of the privilege to output the electronic information to the info