A document which creates a debt or acknowledges it is termed as a debenture. The debentures form the medium and long term instruments used by large enterprises for borrowing money from the market. Other terms for debenture are note, loan stock or bond. The money raised by issuing debentures forms a part of the capital owned by an enterprise. https://www.expertsmind.com/accounting/debentures-and-debentures-types-homework-assignment-help.aspx