profligacy vs dissolution

profligacy and dissolution both are nouns.

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

As nouns, profligacy and dissolution are synonyms defined as:

Other synonyms of profligacy include dissipation, licentiousness, looseness.

profligacy (noun)	dissolution (noun)
dissolute indulgence in sensual pleasure	the termination or disintegration of a relationship (between persons or nations)
the trait of spending extravagantly	the termination of a meeting
	dissolute indulgence in sensual pleasure
	separation into component parts
	the process of going into solution