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The word 'parlous' is a correct and usable word in written English.
It is an adjective meaning dangerous, risky, or precarious; sometimes with an implication of potential collapse. Example sentence: 'The parlous state of the economy made it difficult for small businesses to survive.'.
Dictionary
parlous
adjective
Attended with peril; dangerous; risky.
synonyms
Exact(60)
Despite millions of dollars in aid since the end of the war, healthcare facilities were parlous even before Ebola pushed the entire system to the limit.
Politically, the prime minister has caught himself in a trap in which he at one point thought he had caught the Tories: the trap of having to oppose a fiscal stimulus just when the need for one is growing, a stance that underlines his own responsibility for the parlous state of the public finances.
This, though, is Ukraine, a country in an even more parlous condition than Greece and a more likely candidate to welch on its debts.
The bat is probably assured its dusty corner for several years to come because such is the parlous state of West Indian cricket at the moment it is hard to see another Antiguan even scoring another century for West Indies, let alone doing it quickly.
Considering the parlous positions of the two Championship sides at the moment, it may be the only jollity available by the seaside this Saturday, and even then it does not seem a great idea to remind the currently labouring Wigan side of their fresh air and fun days in the Premier League.
In raising the matter as far back as 1988, I sought to highlight the parlous situation of many children leaving care with little support, financial or otherwise.
Rangers are a club with parlous finances, dependent on journeyman and making great demands of David Weir, a 40-year-old centre-back who should take pride in this result for the rest of his days.
Every piece of business research that has ever been done shows that when a company puts a women on their board the company does better yet women make up 17% of the boards of FTSE 100 companies and that is a parlous state".
Rangers' financial position is parlous indeed and there are more muted regrets elsewhere.
THE parlous state of public health care tops opinion polls of Brazilian voters' concerns.
They wreck government budgets Venezuela's parlous finances are partly the result of letting citizens buy petrol for a few cents a gallon.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com