licentiousness vs dissipation

licentiousness and dissipation both are nouns.

Word	Noun	Adjective	Verb	Adverb
licentiousness	Yes	No	No	No
dissipation	Yes	No	No	No

As nouns, licentiousness and dissipation are synonyms defined as:

licentiousness and dissipation: dissolute indulgence in sensual pleasure

Other synonyms of licentiousness include dissolution, looseness, profligacy.

licentiousness (noun)	dissipation (noun)
dissolute indulgence in sensual pleasure	dissolute indulgence in sensual pleasure
the quality of being lewd and lascivious	useless or profitless activity; using or expending or consuming thoughtlessly or carelessly
	breaking up and scattering by dispersion