diff --git a/config/v1/types_cluster_version.go b/config/v1/types_cluster_version.go
index 8d4cb7776ed..d650816d267 100644
--- a/config/v1/types_cluster_version.go
+++ b/config/v1/types_cluster_version.go
@@ -104,7 +104,7 @@ type ClusterVersionStatus struct {
 	// conditions provides information about the cluster version. The condition
 	// "Available" is set to true if the desiredUpdate has been reached. The
 	// condition "Progressing" is set to true if an update is being applied.
-	// The condition "Failing" is set to true if an update is currently blocked
+	// The condition "Degraded" is set to true if an update is currently blocked
 	// by a temporary or permanent error. Conditions are only valid for the
 	// current desiredUpdate when metadata.generation is equal to
 	// status.generation.
diff --git a/config/v1/zz_generated.swagger_doc_generated.go b/config/v1/zz_generated.swagger_doc_generated.go
index e6d74f8c3da..fef8b749c08 100644
--- a/config/v1/zz_generated.swagger_doc_generated.go
+++ b/config/v1/zz_generated.swagger_doc_generated.go
@@ -492,7 +492,7 @@ var map_ClusterVersionStatus = map[string]string{
 	"history":            "history contains a list of the most recent versions applied to the cluster. This value may be empty during cluster startup, and then will be updated when a new update is being applied. The newest update is first in the list and it is ordered by recency. Updates in the history have state Completed if the rollout completed - if an update was failing or halfway applied the state will be Partial. Only a limited amount of update history is preserved.",
 	"observedGeneration": "observedGeneration reports which version of the spec is being synced. If this value is not equal to metadata.generation, then the desired and conditions fields may represent from a previous version.",
 	"versionHash":        "versionHash is a fingerprint of the content that the cluster will be updated with. It is used by the operator to avoid unnecessary work and is for internal use only.",
-	"conditions":         "conditions provides information about the cluster version. The condition \"Available\" is set to true if the desiredUpdate has been reached. The condition \"Progressing\" is set to true if an update is being applied. The condition \"Failing\" is set to true if an update is currently blocked by a temporary or permanent error. Conditions are only valid for the current desiredUpdate when metadata.generation is equal to status.generation.",
+	"conditions":         "conditions provides information about the cluster version. The condition \"Available\" is set to true if the desiredUpdate has been reached. The condition \"Progressing\" is set to true if an update is being applied. The condition \"Degraded\" is set to true if an update is currently blocked by a temporary or permanent error. Conditions are only valid for the current desiredUpdate when metadata.generation is equal to status.generation.",
 	"availableUpdates":   "availableUpdates contains the list of updates that are appropriate for this cluster. This list may be empty if no updates are recommended, if the update service is unavailable, or if an invalid channel has been specified.",
 }
 
diff --git a/operator/v1/types.go b/operator/v1/types.go
index d0eb81189f2..2a4fe24d84b 100644
--- a/operator/v1/types.go
+++ b/operator/v1/types.go
@@ -135,6 +135,8 @@ var (
 	OperatorStatusTypeProgressing = "Progressing"
 	// Failing indicates that the operator (not the operand) is unable to fulfill the user intent
 	OperatorStatusTypeFailing = "Failing"
+	// Degraded indicates that the operator (not the operand) is unable to fulfill the user intent
+	OperatorStatusTypeDegraded = "Degraded"
 	// PrereqsSatisfied indicates that the things this operator depends on are present and at levels compatible with the
 	// current and desired states.
 	OperatorStatusTypePrereqsSatisfied = "PrereqsSatisfied"