The correct spelling of the word "Barrclay" is actually "Barclay". The phonetic transcription of this word is /ˈbɑːkli/. The first syllable of the word is pronounced with a long "a" sound, represented by the IPA symbol /ɑː/. The second syllable is pronounced with a short "i" sound, represented by the IPA symbol /ɪ/. The spelling of this word may be confusing due to the omission of the letter "a" in the pronunciation, but it is important to spell it correctly to avoid ambiguity or confusion.