Index: wp-includes/taxonomy.php
===================================================================
--- wp-includes/taxonomy.php	(revision 14835)
+++ wp-includes/taxonomy.php	(working copy)
@@ -342,7 +342,7 @@
 		'parent_item' => array( null, __( 'Parent Category' ) ),
 		'parent_item_colon' => array( null, __( 'Parent Category:' ) ),
 		'edit_item' => array( __( 'Edit Tag' ), __( 'Edit Category' ) ),
-		'update_item' => array( __( 'Update Tag' ), __( 'Update Category' ) ),
+		'update_item' => array( __( 'Update' ), __( 'Update Category' ) ),
 		'add_new_item' => array( __( 'Add New Tag' ), __( 'Add New Category' ) ),
 		'new_item_name' => array( __( 'New Tag Name' ), __( 'New Category Name' ) ),
 	);