You could not sell a security without giving a prospectus to the potential buyers and the prospectus would be something approved by the SEC.

没有招股说明书就不可以,出售证券给潜在买家,而且招股书需要通过证交会审核

耶鲁公开课 - 金融市场课程节选

So they have these advantages over other mortgage buyers.

所以比起其他提供贷款者,他们更有优势。

斯坦福公开课 - 经济学课程节选

What they mean by that is, if you're a builder and you have this place where you show off your model homes, how many people are coming by to look at your model homes today as potential buyers?

意思就是,如果你是建造商,你有地方展示样板房,预计今天会有多少潜在顾客,来看样板房

耶鲁公开课 - 金融市场课程节选