despoil vs loot

despoil is not a noun while loot is a noun.

Word	Noun	Adjective	Verb	Adverb
despoil	No	No	Yes	No
loot	Yes	No	Yes	No

As verbs, despoil and loot are synonyms defined as:

Other synonyms of despoil include foray, pillage, plunder, ransack, reave, rifle, strip.

despoil (noun)	loot (noun)
	goods or money obtained illegally
	informal terms for money

despoil (verb)	loot (verb)
destroy and strip of its possession	steal goods; take as spoils
steal goods; take as spoils	take illegally; of intellectual property