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The Collaborative International Dictionary
Succedaneum

Succedaneum \Suc`ce*da"ne*um\, n.; pl. Succedanea. [NL. See Succedaneous.] One who, or that which, succeeds to the place of another; that which is used for something else; a substitute; specifically (Med.), a remedy used as a substitute for another.

In lieu of me, you will have a very charming succedaneum, Lady Harriet Stanhope.
--Walpole.

Douglas Harper's Etymology Dictionary
succedaneum

"substitute," 1640s, from neuter of Latin succedaneus "succeeding, acting as substitute" (see succeed). Especially of inferior drugs substituted for better ones. Related: Succedaneous.

Wiktionary
succedaneum

n. A substitute, replacement for something else, particularly of a medicine used in place of another.

WordNet
succedaneum
  1. n. (medicine) something that can be used as a substitute (especially any medicine that may be taken in place of another)

  2. [also: succedanea (pl)]

Wikipedia

Usage examples of "succedaneum".

The bark of the willow has, indeed, been justly considered as a succedaneum for Peruvian bark, as has also that of the horse-chestnut tree, the leaf of the holly, the snake-root, etc.