[bombcar]

Zombie company usually means a company that should close down but continues to exist because capital is soooooo cheap.

Imagine things like unprofitable companies that are riding venture capital, etc. Uber could be one, perhaps.

[spaceman_2020]

That, and unprofitable companies taking on larger and larger piles of debt to continue their operations. IIRC some 15-20% of listed companies fall in that category.