diff --git a/bip-0003.md b/bip-0003.md
index c82bd76a..9575bd2d 100644
--- a/bip-0003.md
+++ b/bip-0003.md
@@ -75,7 +75,7 @@ allows any community member to retain a complete copy of the archive easily.
 The BIPs repository is not a tool to track acceptance[^acceptance], adoption, or community consensus on BIPs, beyond
 providing a brief overview of BIP statuses (see [Workflow](#workflow) below) to the audience.
 There is no formal or informal decision body that governs Bitcoin development or decides acceptance of BIPs. Bitcoin
-development emerges from the participation of shareholders across the ecosystem.
+development emerges from the participation of stakeholders across the ecosystem.
 
 ## BIP Format and Structure
 
@@ -305,7 +305,7 @@ to Closed unless the authors assert that they intend to continue work within fou
 
 BIPs that had attained the Complete status, i.e., that had been recommended for adoption, may be moved to Closed per the
 authors’ announcement to the Bitcoin Development Mailing List[^bip-announcements-to-list]. However, if someone volunteers to adopt the proposal
-within four weeks, they become the BIP's author or deputy, and the BIP will
+within four weeks, they become the BIP's author or deputy (see [Transferring BIP Ownership](#transferring-bip-ownership) below), and the BIP will
 remain Complete instead.
 
 ##### Deployed ↦ Closed