As nouns the difference between application and consumption
is that application is the act of applying or laying on, in a literal sense; as, the application of emollients to a diseased limb while consumption is the act of consuming something.
As nouns the difference between consumption and dissipation
is that consumption is the act of consuming something while dissipation is the act of dissipating or dispersing; a state of dispersion or separation; dispersion; waste.
to include so that it no longer has separate existence; to overwhelm; to cause to disappear as if by swallowing up; to incorporate; to assimilate; to take in and use up .