|Translates to:||Transliteration of ".com"|
IDN Transliterations of .com & .net
Verisign's Pat Kane noted in January 2012 that the company was planning on applying for "about 12" new gTLDs, and noted that most of these were going to be IDN transliterations of .com. Expected languages included Japanese, Korean, Chinese, Cyrillic, Arabic, and Hebrew.
During its first quarter earnings report, on April 26, 2012, it was confirmed that Verisign would be applying for 14 new gTLDs, 12 of which are foreign language transliterations of .com and .net.
In the end, the languages chosen for transliterations are: Thai, Deva, Korean (Hang), Chinese (Hant/Traditional & Hans/Simplified), Hebrew, Russian, Arabic, Japanese. The two non-IDN applications by the company are for .comsec and .verisign.
In July 2013, Verisign's Pat Kane outlined in an article the company's plans for allowing existing registrants of second-level IDN domain names to secure the matching domain under Verisign's new IDN gTLDs. For example, if you're the registrant of the Hebrew word for "website" that is registered as a second-level domain under .com, you will have the rights to that second-level name under the gTLD "קוֹם." but you will not have the rights under the Hebrew transliteration of ".net" if it existed.
Excerpted from applicant response to question #18 in TLD application:
"As of this writing, more than 800,000 internationalized second-level domain names are registered in .com, including approximately 100,000 in Hangul. The KOREAN_TRANSLITERATION_OF_.COM gTLD, along with the other proposed IDN transliterations of .com, provide an immediate benefit to registrants of those names by giving them the opportunity to register IDN second-level domain names as “IDN.IDN” domain names. That is, registrants can use their preferred script in both the second-level domain name and the gTLD name. Doing so improves these domain names’ functionality and accessibility to speakers of non-Latin-based languages.
We anticipate that the availability of the KOREAN_TRANSLITERATION_OF_.COM will greatly increase the appeal and value of internationalized addresses in Korea. Expanding the accessibility and functionality of these domain names to users worldwide is the primary benefit of all internationalized transliterations of .com."
The initial target audience for KOREAN_TRANSLITERATION_OF_.COM is the registrants of the approximately 100,000 IDN second-level addresses in .com. These registrants will have the opportunity to register their IDN.com addresses as IDN. KOREAN_TRANSLITERATION_OF_.COM addresses. 
- Delegated String, ICANN.org Retrieved 30 Jul 2015
- Reveal Day 13 June 2012 – New gTLD Applied-For Strings
- 2011 Results Earnings Call Transcript, SeekingAlpha.com. Published 26 January 2012.
- Verisign Plans to Apply for About 12 New Top Level Domain Names, DomainNameWire.com. Published 26 January 2012.
- Verisign to Apply for a Dozen New gTLDs, DomainIncite.com. Published 27 January 2012.
- Update on Versigns IDNs Versigininc.com Retrieved 4 Oct 2013
- Verisign lays out buy once IDN gTLD plans, Domain Incite Retrieved 4 Oct 2013
- Application Download, gTLDresult.ICANN.orgRetrieved 17 Jan 2013