The term has a very specific meaning, but I feel some people use it very loosely... Most people at my company seem to think tech debt = legacy code that gets i

The term has a very specific meaning, but I feel some people use it very loosely... Most people at my company seem to think tech debt = legacy code that gets in the way of modernization. Wiki says tech debt is: "Technical debt (also known as design debt[1] or code debt, but can be also related to other technical endeavors) is a concept in software development that reflects the implied cost of additional rework caused by choosing an easy (limited) solution now instead of using a better approach that would take longer."