The bottom tip of the transom can be approximately on the waterline, called a "transom stern", or the hull can continue so that its stern terminates in a transom well above the waterline, called a "counter stern" or "cutaway stern."
The transom is that part of the stern of a vessel where the two sides of its hull meet. This junction can take many forms, some wide, some narrow, some that rake forward, some that rake aft, and some that are plumb.
A flat transom is by definition vertical and wider than a canoe stern, which narrows to a vertical axis.
A stern where the planks or plating join in a vertical plane similar to the stern of a canoe. Crafts with canoe sterns tend to narrow aft, and can have stability issues.
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