Dispensationalists teach 7 Dispensations (epochs of time) where God tests people. However, a soap dispenser would come closer to defining the word Dispensation. Vending machines Dispense product. Paul used the word as he dispensed the Gospel, or undertook the dispensation of the Gospel.
Dispensation = 42.25 οἰκονομία
a, ας f : a task involving management and organization—‘task, commission, responsibility.’ εἰ δὲ ἄκων, οἰκονομίαν πεπίστευμαι ‘but if not of my own will, I have been entrusted with a responsibility’ or ‘but since I have not chosen it, I do it as a task entrusted to me’ or ‘I do it as a matter of duty, because God has entrusted me with this task’
1 Cor 9:17.1
f f feminine
1 Louw, J. P., & Nida, E. A. (1996).
Greek-English lexicon of the New Testament: based on semantic domains (electronic ed. of the 2nd edition., Vol. 1, p. 512). New York: United Bible Societies.
“For if I do this thing willingly, I have a reward: but if against my will,
a dispensation of the gospel is committed unto me.” 1 Corinthians 9:17 (KJV 1900)