diff --git a/wp-includes/taxonomy.php b/wp-includes/taxonomy.php
index e2a5f81f6c..4edae370c1 100644
--- a/wp-includes/taxonomy.php
+++ b/wp-includes/taxonomy.php
@@ -1397,7 +1397,7 @@ function update_termmeta_cache( $term_ids ) {
  *
  * @global wpdb $wpdb WordPress database abstraction object.
  *
- * @param int|string $term     The term to check
+ * @param int|string $term     The term to check. Accepts term ID, slug, or name.
  * @param string     $taxonomy The taxonomy name to use
  * @param int        $parent   Optional. ID of parent term under which to confine the exists search.
  * @return mixed Returns null if the term does not exist. Returns the term ID
diff --git a/wp-includes/version.php b/wp-includes/version.php
index b30a438d85..a93257b485 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -4,7 +4,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '4.7-alpha-38715';
+$wp_version = '4.7-alpha-38716';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.