squandering vs dissipation

squandering and dissipation both are nouns.

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

As nouns, dissipation is a hypernym of squandering; that is, dissipation is a word with a broader meaning than squandering:

squandering: spending resources lavishly and wastefully
dissipation: useless or profitless activity; using or expending or consuming thoughtlessly or carelessly

Other hypernyms of squandering include waste, wastefulness.

squandering (noun)	dissipation (noun)
spending resources lavishly and wastefully	dissolute indulgence in sensual pleasure
	useless or profitless activity; using or expending or consuming thoughtlessly or carelessly
	breaking up and scattering by dispersion