The correct spelling of the word is "balsamic," pronounced /bɑːlˈsæmɪk/. The word comes from the Latin "balsamum," meaning "balsam," which refers to a fragrant resinous substance. The "-ic" ending is a common suffix in English that forms adjectives. The misspelling "balsamick" is likely the result of confusion with words like "thick" or "stick," which end in "-ck." However, the correct spelling emphasizes the second syllable, and the final consonant is pronounced like "-ic."