If the GSEs were not there to securitise and guarantee prime American mortgages, private firms would take their place.

如果没有GSE在那儿债券化和监督发展旺盛的美国抵押贷款市场，私人公司会将其取而代之。

www.ecocn.org

As for liquidity, the argument that America needs Fannie and Freddie because private securitisation markets do not exist to take their place is circular.

至于流动性，有观点认为美国不能没有两房是因为在私人证券市场里没有能取代它们位置的企业，这是一种循环论证。

www.ecocn.org

Will the profession go in a completely different direction once the entrenched powers begin to fade away and people with new and better ideas take their place?

一旦根深蒂固的权威开始消褪，新锐的后起之秀取代他们位置时，该行业是否就进入了一个完全不同的方向？

www.ecocn.org

None were left to take their place.

VOA: special.2009.11.26

Then the Lord said to Moses, "Gather for Me seventy of Israel's elders of whom you have experience as elders and officers of the people, and bring them to the Tent of Meeting and let them take their place there with you.

然后上帝对摩西说“你从犹太人长老中招聚70个人,就你知道的百姓的长老和官长,带到我这里来，领他们到帐幕前，使他们和你一起站立。

耶鲁公开课 - 旧约导论课程节选

Because,of course,if they take my place, they end up living or going through,rather,their death not my death.

因为即便他们代替了我的位置，他们还是经历了自己的死亡，而不是我的。

耶鲁公开课 - 死亡课程节选

Soldiers from other coalition countries will take their place: 900 Spaniards arrived this week.

ECONOMIST: Post-war Iraq

Systems will go down and manual procedures will need to take their place until restored.

FORBES: J.C. Penney Faces Reality. Are You?

But that does not explain why private builders have not stepped up to take their place.

ECONOMIST: Most Britons want their own homes, and green spaces too