How Do You Address The Person Is Heading A Meeting. Is The Correct Term Meeting Chairperson Or Chairman?

I think you're looking for the term "chairperson". This is the person who presides over a meeting, or "chairs" it. Also just called the "Chair".

The function of a Chair during the meeting is to make sure that he meeting accomplishes its objectives, which is typically to discuss and attempt to resolve or progress matters of mutual interest.

The Chairperson should make sure that people speaking keep to each subject as it comes up in the meeting Agenda, and that they are reasonably succinct in making their points. The Chairperson must stop people from talking too long or digressing to irrelevant matters.

Usually the Chairperson provides the meeting with its Agenda, although one of these is typically "Any Other Business" -- AOB -- an opportunity for those attending the meeting to introduce new matters.

Depending how formal and large the meeting is, the Chairperson may designate which people may speak when, and for how long. The Chair will also announce the start and end of the meeting, with the times being noted in the meeting minutes by the Secretary.

During the meeting if a decision on a matter just needs to be made by "somebody", the meeting will typically refer to the Chair to make that decision.

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