Moribund
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.)
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Moribund from Fact Monster:
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