diff --git a/libobs/obs-defs.h b/libobs/obs-defs.h
index 39b3b4d53..a0291a7b9 100644
--- a/libobs/obs-defs.h
+++ b/libobs/obs-defs.h
@@ -28,7 +28,8 @@
 
 #define MODULE_SUCCESS 0
 #define MODULE_ERROR -1
-#define MODULE_FILE_NOT_FOUND -2
+#define MODULE_FAILED_TO_OPEN -2
+#define MODULE_FILE_NOT_FOUND MODULE_FAILED_TO_OPEN /* DEPRECATED! */
 #define MODULE_MISSING_EXPORTS -3
 #define MODULE_INCOMPATIBLE_VER -4
 #define MODULE_HARDCODED_SKIP -5
diff --git a/libobs/obs-module.c b/libobs/obs-module.c
index 4fb2e0344..d5724a014 100644
--- a/libobs/obs-module.c
+++ b/libobs/obs-module.c
@@ -160,7 +160,7 @@ int obs_open_module(obs_module_t **module, const char *path, const char *data_pa
 	mod.module = os_dlopen(path);
 	if (!mod.module) {
 		blog(LOG_WARNING, "Module '%s' not loaded", path);
-		return MODULE_FILE_NOT_FOUND;
+		return MODULE_FAILED_TO_OPEN;
 	}
 
 	errorcode = load_module_exports(&mod, path);
@@ -522,8 +522,8 @@ static void load_all_callback(void *param, const struct obs_module_info2 *info)
 	case MODULE_MISSING_EXPORTS:
 		blog(LOG_DEBUG, "Failed to load module file '%s', not an OBS plugin", info->bin_path);
 		return;
-	case MODULE_FILE_NOT_FOUND:
-		blog(LOG_DEBUG, "Failed to load module file '%s', file not found", info->bin_path);
+	case MODULE_FAILED_TO_OPEN:
+		blog(LOG_DEBUG, "Failed to load module file '%s', module failed to open", info->bin_path);
 		return;
 	case MODULE_ERROR:
 		blog(LOG_DEBUG, "Failed to load module file '%s'", info->bin_path);
diff --git a/libobs/obs.h b/libobs/obs.h
index 5aacf966e..90b7dd822 100644
--- a/libobs/obs.h
+++ b/libobs/obs.h
@@ -482,7 +482,7 @@ EXPORT bool obs_get_audio_info2(struct obs_audio_info2 *oai2);
  *                    data files are stored.
  * @returns           MODULE_SUCCESS if successful
  *                    MODULE_ERROR if a generic error occurred
- *                    MODULE_FILE_NOT_FOUND if the module was not found
+ *                    MODULE_FAILED_TO_OPEN if the module failed to open, e.g. because it was not found or had missing symbols
  *                    MODULE_MISSING_EXPORTS if required exports are missing
  *                    MODULE_INCOMPATIBLE_VER if incompatible version
  */