Technical debt is a metaphor created by Ward Cunningham, an American computer programmer:
"A little debt speeds development so long as it is paid back promptly with a rewrite... The danger occurs when the debt is not repaid. Every minute spent on not-quite-right code counts as interest on that debt."
For example, if you want to start your own business, but do not have enough personal savings, you may opt to take out a loan with a bank. In this case, you incur a small debt now in order to acquire a potentially larger reward later, when your business generates a profit.
Likewise, you may decide to incur some technical debt in order to capture the First-Mover Advantage (FMA) to ship a feature before your competitors go ...
