1.  Being given the right to do something, such as lead a magickal group. Sometimes a dispensation is given without having to go through usual trainings and/or initiations.

2.  A special empowerment to dispense and manage religious or spiritual instruction and practice. Within Christianity, it is the official granting of a license to organize a church. It is also a special time period designated by God for certain things to happen. For Esotericism, it is believed to be both a time period and a licensing to a particular group or groups to establish themselves and their message seemingly granted by spiritual higher-ups. 

There are those of us who believe that we live in a special time when dispensation is universal for all who will open their mind and spirit to the influx of higher conscious happening now. We are approaching a turning point when the “world as we know it” will end and a new world order will begin to replace the old. Few things happen overnight, but time is critical and changes will be rapid as global conditions require new world organizations and new worldwide solutions to problems arising from the past.