profligacy vs derogation

profligacy and derogation both are nouns.

Word	Noun	Adjective	Verb	Adverb
profligacy	Yes	No	No	No
derogation	Yes	No	No	No

profligacy (noun)	derogation (noun)
dissolute indulgence in sensual pleasure	(law) the partial taking away of the effectiveness of a law; a partial repeal or abolition of a law
the trait of spending extravagantly	a communication that belittles somebody or something