are short-term back notes non-cash charge?

CFA Level I
#1

are short-term back notes non-cash charge?

#2

Back notes?

#3

bank notes

#4

A banknote usually refers to something like paper currency. A non-cash charge is a loss that affects earnings that does not require an investment of cash (like the destruction of some asset due to a disaster or finding that your oil reserve wasn’t as big as you thought it was, etc).

#5

Thanks!