If you describe something as moribund, you mean that it is in a very bad condition. the moribund economy
In a dying state *<In the moribund patient deepening stupor and coma are the usual preludes to death B Norman Cameron>
on the point of death; breathing your last; "a moribund patient"; "the expiring man was carried home by his two friends"
Declining; in a dying state; on its last legs Turkey is called a moribund state Institutions on the decline are called moribund Applied to institutions, commercial companies, states, etc (Latin, moribundus, ready to die )