A transverse wave is a moving wave

Wave

In physics, a wave is a disturbance that travels through space and time, accompanied by the transfer of energy.Waves travel and the wave motion transfers energy from one point to another, often with no permanent displacement of the particles of the medium—that is, with little or no associated mass...

 that consists of oscillations occurring perpendicular (or right angled) to the direction of energy transfer. If a transverse wave is moving in the positive x-direction, its oscillations are in up and down directions that lie in the y–z plane.
Transverse waves are waves that are moving perpendicular to the direction of propagation.