diff --git a/aixplain/v2/agent.py b/aixplain/v2/agent.py
index fbbd8526..e0e3393e 100644
--- a/aixplain/v2/agent.py
+++ b/aixplain/v2/agent.py
@@ -126,11 +126,24 @@ class OutputFormat(str, Enum):
 
 
 class ContextOverflowStrategy(str, Enum):
-    """Strategy applied when input messages exceed the model's context window.
+    """Strategy for condensing the working context when a run exceeds the model's context window.
+
+    Context condensation shapes only the working context sent to the model on a
+    given run. It does not modify Shared Memory or the stored session history —
+    the complete session history is always retained.
 
     Attributes:
-        TRUNCATE: Remove the oldest chat-history messages until the context fits.
-        SUMMARIZE: Replace the full chat history with an LLM-generated summary.
+        TRUNCATE: Default. Remove the oldest unprotected turns until the context fits.
+        SUMMARIZE: Summarize older context into a shorter form the model can still
+            use. Retains more of the conversation's meaning than truncation, but
+            adds latency and model cost.
+
+    Notes:
+        Available in SDK 0.2.46+ (use the current 0.2.47). Set it as the agent's
+        saved default (``agent.context_overflow_strategy``) or override it per run
+        via ``execution_params={"context_overflow_strategy": ...}``. Precedence,
+        highest first: per-run override -> saved agent setting -> Agent Engine
+        default (``truncate``).
     """
 
     TRUNCATE = "truncate"
diff --git a/docs/api-reference/python/aixplain/v2/agent.md b/docs/api-reference/python/aixplain/v2/agent.md
index f0d29160..1c68101c 100644
--- a/docs/api-reference/python/aixplain/v2/agent.md
+++ b/docs/api-reference/python/aixplain/v2/agent.md
@@ -77,12 +77,18 @@ class ContextOverflowStrategy(str, Enum)
 
 [[view_source]](https://github.com/aixplain/aiXplain/blob/main/aixplain/v2/agent.py#L128)
 
-Strategy applied when input messages exceed the model's context window.
+Strategy for condensing the working context when a run exceeds the model's context window.
+
+Context condensation shapes only the working context sent to the model on a given run. It does not modify Shared Memory or the stored session history — the complete session history is always retained.
 
 **Attributes**:
 
-- `TRUNCATE` - Remove the oldest chat-history messages until the context fits.
-- `SUMMARIZE` - Replace the full chat history with an LLM-generated summary.
+- `TRUNCATE` - Default. Remove the oldest unprotected turns until the context fits.
+- `SUMMARIZE` - Summarize older context into a shorter form the model can still use. Retains more of the conversation's meaning than truncation, but adds latency and model cost.
+
+**Notes**:
+
+Available in SDK 0.2.46+ (use the current 0.2.47). Set it as the agent's saved default (`agent.context_overflow_strategy`) or override it per run via the `execution_params` argument (`context_overflow_strategy`). Precedence, highest first: per-run override, then the saved agent setting, then the Agent Engine default (`truncate`).
 
 ### AgentRunParams Objects