profligacy vs dissipation

profligacy and dissipation both are nouns.

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

As nouns, profligacy and dissipation are synonyms defined as:

Other synonyms of profligacy include dissolution, licentiousness, looseness.

profligacy (noun)	dissipation (noun)
dissolute indulgence in sensual pleasure	dissolute indulgence in sensual pleasure
the trait of spending extravagantly	useless or profitless activity; using or expending or consuming thoughtlessly or carelessly
	breaking up and scattering by dispersion