dependency  Forex brokers nowadays that allow and support hedging strategy and frees you from dependency on the market direction.

Both are nouns. Yet, “dependence” emphasizes the quality of being dependent.

So, it may also be abstract. Whereas, “dependency” focuses on the state of being dependent.

A dependant is someone who relies on someone else, possibly for financial support.

You’ll most often find this spelling in British English, where it’s favored (or favoured!) in using the word as a noun.

relying on someone or something else for aid, support, etc. conditioned or determined by something else;

Our trip is dependent on the weather.  dependency definition: a country that is supported and governed by another country.

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