An arrangement of things; a scheme.

Having made known unto us the mystery of his will, according to his good pleasure which he hath purposed in himself: that in the DISPENSATION of the fulness of times he might gather together in one all things in Christ, both which are in heaven, and which are on earth; even in him. ( Ephesians 1:9-10 )

Dictionary of Words from the King James Bible. Public Domain. Copy freely.