In the beginning, programmers didn’t worry about the past. They opened an empty file and created something out of nothing. Everything was a green field.
Those freewheeling, unencumbered days are long gone for most of us. Much of software development today is revising, extending, enhancing, and evolving what we — or more often, someone else — did before. Enter technical debt.
The term technical debt is a useful way to refer to something left undone. The debt is that we now have to go back and make right, either by fixing or filling in the gaps, what we did last week, last month or even years before.
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Source: News