What is another word for debenture?
Pronunciation: [dɛbˈɛnt͡ʃə] (IPA) 
Debenture is a financial term that refers to a type of long-term debt instrument that is issued by a corporation or government entity. There are several synonyms for the word debenture including bond, note, securities, certificate, and IOU. Bonds are a type of debenture that represent a fixed rate of interest and have a fixed maturity date. Notes are similar to bonds but are usually shorter in maturity. Securities are a broader term that includes stocks, bonds, and other financial instruments. Certificates are a type of debenture that are issued by financial institutions and represent a long-term investment option. IOUs are informal debt instruments that may not be legally binding.
