volley vs dissipate

volley is a noun but dissipate is not a noun.

Word	Noun	Adjective	Verb	Adverb
volley	Yes	No	Yes	No
dissipate	No	No	Yes	No

As verbs, dissipate is a hypernym of volley; that is, dissipate is a word with a broader meaning than volley:

Other hypernyms of volley include disperse, scatter, spread out.

volley (noun)	dissipate (noun)
rapid simultaneous discharge of firearms
a tennis return made by hitting the ball before it bounces

volley (verb)	dissipate (verb)
utter rapidly	spend frivolously and unwisely
make a volley	move away from each other
discharge in, or as if in, a volley	to cause to separate and go in different directions
hit before it touches the ground	live a life of pleasure, especially with respect to alcoholic consumption
be dispersed in a volley