refering to an outboard in general-
A better term for the item you refer to would be an "Anti-ventilation" plate. The principle of it is to prevent air from being sucked into the prop from the surface. This is especially important when accelerating from a stand still or a slow movement. Once on plane, the prop will be piercing the surface and the plate is no longer in effect. These plates have another big misconception about them. They are not a planning surface, nor are they intended to be. They can effect the running characteristics of a boat, but only at very low speeds. Once again, when on plane, they are well out of the water.