OK, but words are not only for compiler-writers. As someone who encounters your compiler, if it targets an output language at a similar level as the input language it will give me a headstart in understanding what it does if I see it referred to as a transpiler rather than simply a compiler.

Overall, I find this discussion very odd. It seems like a kind of deletionism for the dictionary. I mean, what's the use of the word 'crimson'? Anything that's crimson is also just 'red'. Why keep 'large' when we have 'big'? You could delete a large percentage of English words by following this line of thinking.