'debt-fueled' originates from the combination of 'debt' and 'fueled,' where 'debt' refers to money owed and 'fueled' implies being powered or driven by something.

The term 'debt-fueled' evolved from the concept of using borrowed money to drive growth or operations, becoming a common term in financial contexts.

Initially, it meant 'powered by debt,' and this meaning has largely remained the same in modern usage.