dissolution
US /ˌdɪs.əˈluː.ʃən/
UK /ˌdɪs.əˈluː.ʃən/

1.
the act or process of ending an official organization or agreement
:
•
The dissolution of the parliament led to new elections.
•
The company faced dissolution due to financial difficulties.
2.
the process of dissolving or being dissolved
:
•
The dissolution of salt in water is a common chemical process.
•
The gradual dissolution of the ice cap is a concern for climate scientists.
3.
the state of being dissipated or indulged in sensual pleasures; debauchery
:
•
His life of dissolution led to his downfall.
•
The city was known for its moral dissolution.