What is the term for owners of shares in a corporation?

The correct term for owners of shares in a corporation is "shareholders." This designation specifically refers to individuals or entities that own shares, indicating their ownership stake in the corporation. Shareholders can participate in corporate decisions, often through voting rights tied to the number of shares they own, and they may receive dividends based on the corporation's profitability.

On the other hand, while "stock holders" is a commonly used term in informal contexts, it is not the precise term typically used in legal and financial documents. "Board Members" refers to individuals elected to sit on a corporation's board of directors, responsible for overseeing the company's management and making major decisions, but they are not necessarily shareholders unless they also own stock. "Managing Partners" is a term used more often in partnership structures rather than corporations and typically refers to partners who take an active role in managing the business.

Understanding the distinction among these terms helps clarify the rights and roles within corporate structures.