To deal out in parts or portions; distribute. See Synonyms at distribute.
To prepare and give out (medicines).
To administer (laws, for example).
To exempt or release, as from a duty or religious obligation.
verb, intransitive
To grant a dispensation or exemption.
Phrasal Verb: dispense with To manage without; forgo: Let's dispense with the formalities. To get rid of; do away with: a country that has dispensed with tariff barriers.