The best replacement for debenture is bond.

The best alternatives to debenture are rated as following:
★★★★★  bond
★★★  indenture
★★  note
★★  promissory note
★  common stock
★  mortgage bond
★  share
★  subordinated debenture
  legal charge
  commercial paper
  preferred stock
  floating charge
  loan stock
  mortgage bonds
  bank loan

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Speaking about debenture, one probably shouldn't forget about call and put feature.

Other search terms related to debenture and their ratings are:
★★★★★ call and put feature
You have in mind a companion for debenture and it is not yet here? Propose!



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