The correct spelling of the word "Forlay" is actually "Foray." It is pronounced as /fɔːreɪ/ with the stress on the first syllable. The word originated from the French word "fourrer," meaning "to stuff," and it refers to a sudden raid or attack into enemy territory. Its phonetic transcription indicates the vowel in the second syllable is a diphthong, made up of the sounds /e/ and /ɪ/. So, the word is spelled as "Foray" with an 'a' instead of 'l.'