Trouble understanding what "the intersection is transversal" means

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So, I'm trying to solve an exercise and among the given facts there is the following claim:

Let $y_0 \ge 0$ such that the intersection between $\{y=y_0\}$ and $\{f(x,y)=h(y)\}$ is transversal $(*)$

Note that $f \in L^\infty(\Omega \times [0,+\infty))$ and $\Omega$ is a compact manifold in $\mathbb R^2$. About $h$ we only know that is a well defined function.

QUESTION: What information -regarding $h$ or in general- can we obtain from $(*)$?

To be honest, is the first time I hear the term "transversality". Although I found some definitions concerning manifolds and their tangential maps, I'm not able to find the relation between them and my claim (if there is such one). What does $(*)$ imply?

I apologize if my question is a bit blurry but I'm having a really hard time understanding what should $(*)$ yield.

Any help is much appreciated. Thanks in advance!