The ability of savers to transfer wealth between youth and old age and across generations is called maturity intermediation.

Question

Quizplus · Accepted Answer

The ability of savers to transfer wealth between youth and old age and across generations is referred to as time intermediation, not maturity intermediation. Maturity intermediation involves financial institutions accepting deposits with one set of terms (e.g., short-term) and making loans or investments with different terms (e.g., long-term).

The Ability of Savers to Transfer Wealth Between Youth and Old