diff --git a/DoubleUpDown.md b/DoubleUpDown.md
index 6257104..5981640 100644
--- a/DoubleUpDown.md
+++ b/DoubleUpDown.md
@@ -69,7 +69,7 @@ You can provide a **Watermark** to show text in place of a NULL **Value**.
 | ButtonSpinnerLocation | Gets/Sets the location of the Up/Down buttons (either on the left or on the right) of numericUpDown controls. |
 | ClipValueToMinMax | Gets or sets if the value should be clipped when minimum/maximum is reached. (Inherited from UpDownBase) |
 | CultureInfo | Gets or sets the current CultureInfo. (Inherited from InputBase) |
-| DefaultValue | Gets or sets the value to use when the **Value** is null and an increment/decrement operation is performed. (Inherited from UpDownBase) |
+| DefaultValue | Gets or sets the value to use when the **Text** is null or empty. (Inherited from UpDownBase) |
 | DisplayDefaultValueOnEmptyText | Gets or sets if the defaultValue should be displayed when the Text is empty. (Inherited from UpDownBase) |
 | FormatString | Gets or sets the display format of the **Value**. |
 | Increment | Gets or sets the amount in which to increment the value. (Inherited from NumericUpDown) |