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is debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.

Relating to persons unable to pay their debts. Insolvent law, or Act of insolvency, a law affording relief, -- subject to various modifications in different States, -- to insolvent debtors, upon their delivering up their property for the benefit of their creditors. See Bankrupt law, under Bankrupt, a.…

Inability to pay debts; insolvency.

rial fact or circumstance on the record for the information of the court, at the death or insolvency of a party.