INTERMEDIATE TRANSFER MEDIUM, AND PRINTED MATTER

PROBLEM TO BE SOLVED: To provide an intermediate transfer medium capable of realizing both of foil cutting properties and durability.SOLUTION: An intermediate transfer medium 10 comprises: a base material 11; a plurality of first transfer bodies 20 to be arranged on the base material 11; and second transfer bodies 30 each of which is arranged on the base material 11 between the adjacent first transfer bodies 20. The first transfer body 20 has a first protective layer 22 and a receptive layer 24 disposed in this order from the base material 11 side. The second transfer body 30 has a second protective layer 32 and an adhesive layer 34 in this order from the base material 11 side. The receptive layer 24 of the first transfer body 20 is configured to receive a color material to be moved by heat.