Technical Debt has become a catch-all phrase for any code that needs to be re-worked. Much like Refactoring has become a catch-all phrase for any activity that involves changing code.
These fundamental misunderstandings and comfortable yet mis-applied metaphors have resulted in a plethora of poor decisions.
What is technical debt?
What is not technical debt?
Why should we care?
What is the cost of misunderstanding?
What do we do about it?