a company or other organization that is failing: He'd seen the account books, realized he was on a sinking ship, and decided to get off. SMART Vocabulary: related words and phrases.

What is the meaning of sinking ship?

a company or other organization that is failing: He'd seen the accounts, realized he was on a sinking ship, and decided to get off.

What to say when a ship is sinking?

Anyone who's had experience as a scout will know these 2 words: "be prepared". The meaning behind this famous saying is closely tied to another famous saying "knowing is half the battle". Those two bits of advice could very well save your life on a sinking ship.