diff --git a/litellm/proxy/management_endpoints/internal_user_endpoints.py b/litellm/proxy/management_endpoints/internal_user_endpoints.py
index ccd15a68437..0822489adbe 100644
--- a/litellm/proxy/management_endpoints/internal_user_endpoints.py
+++ b/litellm/proxy/management_endpoints/internal_user_endpoints.py
@@ -388,7 +388,7 @@ async def new_user(
     - object_permission: Optional[LiteLLM_ObjectPermissionBase] - internal user-specific object permission. Example - {"vector_stores": ["vector_store_1", "vector_store_2"]}. IF null or {} then no object permission.
     - prompts: Optional[List[str]] - List of allowed prompts for the user. If specified, the user will only be able to use these specific prompts.
     - organizations: List[str] - List of organization id's the user is a member of
-    - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+    - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
     Returns:
     - key: (str) The generated api key for the user
     - expires: (datetime) Datetime object for when key expires.
@@ -1389,7 +1389,7 @@ async def user_update(
         - key_alias: Optional[str] - [NOT IMPLEMENTED].
         - object_permission: Optional[LiteLLM_ObjectPermissionBase] - internal user-specific object permission. Example - {"vector_stores": ["vector_store_1", "vector_store_2"]}. IF null or {} then no object permission.
         - prompts: Optional[List[str]] - List of allowed prompts for the user. If specified, the user will only be able to use these specific prompts.
-        - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+        - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
 
     """
     try:
diff --git a/litellm/proxy/management_endpoints/key_management_endpoints.py b/litellm/proxy/management_endpoints/key_management_endpoints.py
index bf64f537c7f..49d5d5ba203 100644
--- a/litellm/proxy/management_endpoints/key_management_endpoints.py
+++ b/litellm/proxy/management_endpoints/key_management_endpoints.py
@@ -1519,7 +1519,7 @@ async def generate_key_fn(
     - allowed_vector_store_indexes: Optional[List[dict]] - List of allowed vector store indexes for the key. Example - [{"index_name": "my-index", "index_permissions": ["write", "read"]}]. If specified, the key will only be able to use these specific vector store indexes. Create index, using `/v1/indexes` endpoint.
     - router_settings: Optional[UpdateRouterConfig] - key-specific router settings. Example - {"model_group_retry_policy": {"gpt-4": {"RateLimitErrorRetries": 5}}}. IF null or {} then no router settings.
     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the key. Access groups define which models a key can access. Example - ["access_group_1", "access_group_2"].
-    - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+    - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
 
     Examples:
 
@@ -2543,7 +2543,7 @@ async def update_key_fn(
     - allowed_vector_store_indexes: Optional[List[dict]] - List of allowed vector store indexes for the key. Example - [{"index_name": "my-index", "index_permissions": ["write", "read"]}]. If specified, the key will only be able to use these specific vector store indexes. Create index, using `/v1/indexes` endpoint.
     - router_settings: Optional[UpdateRouterConfig] - key-specific router settings. Example - {"model_group_retry_policy": {"gpt-4": {"RateLimitErrorRetries": 5}}}. IF null or {} then no router settings.
     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the key. Access groups define which models a key can access. Example - ["access_group_1", "access_group_2"].
-    - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+    - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
 
     Example:
     ```bash
diff --git a/litellm/proxy/management_endpoints/team_endpoints.py b/litellm/proxy/management_endpoints/team_endpoints.py
index 8ec7ec707a2..277b336cb30 100644
--- a/litellm/proxy/management_endpoints/team_endpoints.py
+++ b/litellm/proxy/management_endpoints/team_endpoints.py
@@ -955,7 +955,7 @@ async def new_team(
     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the team. Access groups define which models the team can access. Example - ["access_group_1", "access_group_2"].
     - enforced_file_expires_after: Optional[dict] - Enforced file expiration policy for the team. Keys created under this team will inherit this policy for file uploads. Example - {"anchor": "created_at", "days": 30}.
     - enforced_batch_output_expires_after: Optional[dict] - Enforced batch output file expiration policy for the team. Keys created under this team will inherit this policy for batch output files. Example - {"anchor": "created_at", "days": 30}.
-    - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+    - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
     - default_team_member_models: Optional[List[str]] - Default models assigned to new team members when they join this team. Must be a subset of the team's models.
 
     Returns:
@@ -1627,7 +1627,7 @@ async def update_team(
     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the team. Access groups define which models the team can access. Example - ["access_group_1", "access_group_2"].
     - enforced_file_expires_after: Optional[dict] - Enforced file expiration policy for the team. Keys created under this team will inherit this policy for file uploads. Example - {"anchor": "created_at", "days": 30}.
     - enforced_batch_output_expires_after: Optional[dict] - Enforced batch output file expiration policy for the team. Keys created under this team will inherit this policy for batch output files. Example - {"anchor": "created_at", "days": 30}.
-    - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+    - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
     - default_team_member_models: Optional[List[str]] - Default models assigned to new team members when they join this team. Must be a subset of the team's models.
 
     ```
diff --git a/ui/litellm-dashboard/src/lib/http/schema.d.ts b/ui/litellm-dashboard/src/lib/http/schema.d.ts
index 4ca2f85be2b..75b57b21ebd 100644
--- a/ui/litellm-dashboard/src/lib/http/schema.d.ts
+++ b/ui/litellm-dashboard/src/lib/http/schema.d.ts
@@ -6531,7 +6531,7 @@ export interface paths {
          *     - allowed_vector_store_indexes: Optional[List[dict]] - List of allowed vector store indexes for the key. Example - [{"index_name": "my-index", "index_permissions": ["write", "read"]}]. If specified, the key will only be able to use these specific vector store indexes. Create index, using `/v1/indexes` endpoint.
          *     - router_settings: Optional[UpdateRouterConfig] - key-specific router settings. Example - {"model_group_retry_policy": {"gpt-4": {"RateLimitErrorRetries": 5}}}. IF null or {} then no router settings.
          *     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the key. Access groups define which models a key can access. Example - ["access_group_1", "access_group_2"].
-         *     - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *     - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          *
          *     Examples:
          *
@@ -6924,7 +6924,7 @@ export interface paths {
          *     - allowed_vector_store_indexes: Optional[List[dict]] - List of allowed vector store indexes for the key. Example - [{"index_name": "my-index", "index_permissions": ["write", "read"]}]. If specified, the key will only be able to use these specific vector store indexes. Create index, using `/v1/indexes` endpoint.
          *     - router_settings: Optional[UpdateRouterConfig] - key-specific router settings. Example - {"model_group_retry_policy": {"gpt-4": {"RateLimitErrorRetries": 5}}}. IF null or {} then no router settings.
          *     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the key. Access groups define which models a key can access. Example - ["access_group_1", "access_group_2"].
-         *     - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *     - budget_limits: Optional[list] - List of concurrent budget windows for the key. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          *
          *     Example:
          *     ```bash
@@ -13576,7 +13576,7 @@ export interface paths {
          *     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the team. Access groups define which models the team can access. Example - ["access_group_1", "access_group_2"].
          *     - enforced_file_expires_after: Optional[dict] - Enforced file expiration policy for the team. Keys created under this team will inherit this policy for file uploads. Example - {"anchor": "created_at", "days": 30}.
          *     - enforced_batch_output_expires_after: Optional[dict] - Enforced batch output file expiration policy for the team. Keys created under this team will inherit this policy for batch output files. Example - {"anchor": "created_at", "days": 30}.
-         *     - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *     - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          *     - default_team_member_models: Optional[List[str]] - Default models assigned to new team members when they join this team. Must be a subset of the team's models.
          *
          *     Returns:
@@ -13756,7 +13756,7 @@ export interface paths {
          *     - access_group_ids: Optional[List[str]] - List of access group IDs to associate with the team. Access groups define which models the team can access. Example - ["access_group_1", "access_group_2"].
          *     - enforced_file_expires_after: Optional[dict] - Enforced file expiration policy for the team. Keys created under this team will inherit this policy for file uploads. Example - {"anchor": "created_at", "days": 30}.
          *     - enforced_batch_output_expires_after: Optional[dict] - Enforced batch output file expiration policy for the team. Keys created under this team will inherit this policy for batch output files. Example - {"anchor": "created_at", "days": 30}.
-         *     - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *     - budget_limits: Optional[list] - List of concurrent budget windows for the team. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          *     - default_team_member_models: Optional[List[str]] - Default models assigned to new team members when they join this team. Must be a subset of the team's models.
          *
          *     ```
@@ -14636,7 +14636,7 @@ export interface paths {
          *     - object_permission: Optional[LiteLLM_ObjectPermissionBase] - internal user-specific object permission. Example - {"vector_stores": ["vector_store_1", "vector_store_2"]}. IF null or {} then no object permission.
          *     - prompts: Optional[List[str]] - List of allowed prompts for the user. If specified, the user will only be able to use these specific prompts.
          *     - organizations: List[str] - List of organization id's the user is a member of
-         *     - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *     - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          *     Returns:
          *     - key: (str) The generated api key for the user
          *     - expires: (datetime) Datetime object for when key expires.
@@ -14716,7 +14716,7 @@ export interface paths {
          *         - key_alias: Optional[str] - [NOT IMPLEMENTED].
          *         - object_permission: Optional[LiteLLM_ObjectPermissionBase] - internal user-specific object permission. Example - {"vector_stores": ["vector_store_1", "vector_store_2"]}. IF null or {} then no object permission.
          *         - prompts: Optional[List[str]] - List of allowed prompts for the user. If specified, the user will only be able to use these specific prompts.
-         *         - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a budget_limit, time_period, and optional budget_duration. Example - [{"budget_limit": 10.0, "time_period": "1d"}, {"budget_limit": 50.0, "time_period": "7d"}].
+         *         - budget_limits: Optional[list] - List of concurrent budget windows for the user. Each window specifies a max_budget and budget_duration. Example - [{"max_budget": 10.0, "budget_duration": "1d"}, {"max_budget": 50.0, "budget_duration": "7d"}].
          */
         post: operations["user_update_user_update_post"];
         delete?: never;