To dispense means to give out or distribute something. A school nurse can dispense students' medication and we all can dispense advice.
The word dispense comes from the Old French word dispenser, meaning "give out." You can dispense anything from hand sanitizer to dating advice. When dispense is paired with with it means "get rid of it" or "skip." If you dispense with traditional Thanksgiving dishes, you might instead celebrate with pizza, pancakes, tacos — anything but turkey and all the fixings.