diff --git a/bsip-0018.md b/bsip-0018.md
index 1d177f6..58c53f0 100644
--- a/bsip-0018.md
+++ b/bsip-0018.md
@@ -38,7 +38,7 @@ their positions to obtain BTS for their long position. Some dust will
 remain scattered all over the place, where the value of the dust
 position is lower than the fees required to get rid of it.
 
-# Rational
+# Rationale
 
 When a market-pegged assets undergoes a global settlement, one of the crucial
 mechanisms that support the peg (namely "margin calls") is no longer available.
@@ -63,7 +63,7 @@ All that is needed for the asset to be *revived* is:
 
 Since after a global settlement, the collateral for the outstanding long
 positions are stored in the settlement pool, we here propose to **obtain
-the funds in the settlement pool and it's outstanding debt from the
+the funds in the settlement pool and its outstanding debt from the
 network**. Since the collateral ratio of the settlement pool after a
 global settlement is 100%, obtaining the settlement funds in order to
 convert it into an open call position **requires to also provide