When the economy goes bad, we hear about moribund mills and factories and towns Dying, fallen, dead, gone, sinking, fading, lifeless, defunct The economy itself may even be called moribund.
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(especially of an organization or business) not active or successful
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There are four meanings listed in oed's entry for the word moribund, one of which is labelled obsolete See ‘meaning & use’ for definitions, usage, and quotation evidence. Definition of moribund adjective in oxford advanced learner's dictionary Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Moribund refers to a literal or figurative state near death. Moribund (not comparable) approaching death If you describe something as moribund, you mean that it is in a very bad condition.