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Technical debt is what happens when a development team speeds up the delivery of a project or functionality that will require refactoring later on. A quicker development process becomes the priority instead of high-quality code. In order to use it wisely, engineers and team leaders must monitor how much technical debt they acquire and learn to manage it well. This can become a difficult task for organizations, especially when they do not have a clear understanding of the advantages and disadvantages of tech debt. This guide will help you answer the following questions:What is technical debt? How do you define it?