I haven't seen a name for it, though something similar to it has been studied before. Let $\mathsf{KZ}(L)$ be the Korkin-Zolotarev basis of a lattice, which is a particular basis of the lattice with good geometric properties (much "higher quality" than basis output by something like LLL, but harder to compute). You can find a precise definition in the link below.

Lagarias, H. Lenstra, and Schnorr [proved](https://link.springer.com/article/10.1007/BF02128669) (Theorem 2.3) that

$$
\delta(\mathsf{KZ}(L))^2 \leq \gamma_n^n\prod_{i = 1}^n\frac{i+3}{4},
$$
where $\gamma_n = \sup_{L\in\mathcal{L}_n}\frac{\lambda_1(L)^2}{\sqrt[n]{\det L}^2}$ is Hermite's constant.
This immediately implies the bound

$$
\delta_n \leq \sqrt{\gamma_n^n\prod_{i=1}^n \frac{i+3}{4}}
$$
for your constant of interest.

It's also worth mentioning that it appears math.stackexchange has had a [similar question to yours](https://math.stackexchange.com/questions/4253450/lattices-with-the-worst-hadamard-ratio) open for a few years. That question calls the orthogonality defect the "Hadamard ratio", so this term may also be useful for you to search on.