The big difference between technical debt and actual debt in a money sense is that real debt is taken on consciously with an agreement betweenn debtor and lende

The big difference between technical debt and actual debt in a money sense is that real debt is taken on consciously with an agreement betweenn debtor and lender. Because of this money debt can be worked into the planning and the risk can be calculated at the time the loan is initiated. Circumstances can change over time, but there is a bargain between the debtor and the lender. There are things like interest rates and collateral that are agreed upon when the debt is incurred. Technical debt is by definition created to save time, so there is rarely an understanding of the risk that comes with the debt until the debt must be repaid. This means that the eventual payback can range from inconsequential to disasterous. The point is that the debtor won't know until it comes time to pay the debt back. Technical debt is often incurred in lieu of actual planning, not because a debtor is consciously and rationally weighing current reward against a future risk.