See http://c2.com/cgi/wiki?TechnicalDebt for some background on the term.
And bless Mr Cunningham whoever for coming up with such a wonderfully productive metaphor. I've found it a very effective tool in explaining to non-technical people why spending a little now to stay out of "debt" is better than the alternative.
In reply to Re^2: Technical debt?
by adrianh
in thread Technical debt?
by tlm
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