The spelling of the word "GRED" may seem unfamiliar to some, but it is actually a phonetic transcription written in IPA (International Phonetic Alphabet) of the word "grade." The "G" represents the voiced velar stop, the "R" represents the alveolar approximant, the "E" represents the mid-front vowel, and the "D" represents the voiced alveolar plosive. While the spelling may appear different, the pronunciation of "GRED" and "grade" should be the same.