1. (n.) The act of dispersing; separation; dispersion; wasting away; as, dissipation of wealth\.

2. (n.) A dissolute course of life, in which health, money, etc., are squandered in pursuit of pleasure; profuseness in vicious indulgence, as late hours, riotous living, etc.; dissoluteness.

3. (n.) A trifle which wastes time or distracts attention.

abandon abandonment ablation amusement attenuation attrition blackout blocking broadcast broadcasting carousal carouse carpe diem circumfusion conspicuous consumption consumption corrosion debauch debauchery debauchment decrease decrement deliquescence dematerialization departure depletion depreciation diffraction diffusion dilution disappearance disappearing dispensation dispersal dispersion dissemination dissoluteness dissolution dissolving distraction distribution divergence diversion divertissement drain eclipse elimination entertainment erasure erosion evanescence evaporation exhaustion expansion expenditure extinction extravagance fadeaway fadeout fading fastness fragmentation free living gallantry going hedonism high living impoverishment incontinence intemperance killing pace lavishness leakage leaking purse libertinage libertinism license licentiousness loose purse strings loss melting occultation orgy overgenerosity overgenerousness overindulgence overliberality passing peppering pound-foolishness prodigality profligacy profuseness profusion propagation publication radiation rakishness reckless expenditure reckless spending recklessness recreation riotous living saturnalia scattering scatterment self-gratification self-indulgence sensualism shotgun pattern shrinkage sowing spattering splay spread spreading sprinkling squandering squandermania strewing sybaritism unbridledness using using up vanishing vanishing point venery volatilization voluptuousness wantonness wastage waste wastefulness wear and tear wearing wearing away wenching whoring wildness wipe