Technical Debt is about taking shortcuts to have something working now, in exchange for more work maintaining and evolving it in the future. If the software doesn't work, it's not debt, it's a bug.
If you are not changing the software, it doesn't matter that a list is hardcoded instead of parameterizable, that the modules are tightly coupled and can't be reused, or that the build must be done following a particular set of incantations in a specific machine. If you are, these are all examples of debt that will come back charging interest.
Properly planned and managed, technical debt is a tool much like actual debt (a loan) that can accelerate your growth and your time to market. Thing is, most teams don't know that they are taking on a debt and don't realize how much interest they are paying each day.
Given what you knew at the time you created a definition, and per that definition you could have written 100% maintainable 100% bug-free 100% complete code. It's in uncovering your lack of/ incomplete understanding of your problem that you may need to go back in to that code. Even though at the time it was considered 100% bug-free, complete, and maintainable.
This is the type of choice you need to make upfront often when designing software. If you get it right your system is more maintainable. If you get it wrong your system is less maintainable. Sometimes you don't know in advance which is right.
So, in the context of oldschool console video games that ship and then end development permanently, it's absolutely a reasonable decision to add some technical debt if it means fitting one more nice-to-have feature in before launch. Because you don't pay interest or pay down that debt ever. The code is shipped and then it retires, presumably.
Maybe an appropriate way to look at this is that the developer working on the feature could only need the company to take $100 in debt, while another developer needs the company to take on $100,000 in debt for the same work. Typically this difference, unfortunately, does not reflect in the individual developers' salaries.