The correct spelling of the word "knocking downs" is actually "knockdowns". It's spelled with an "o" and not an "i", despite how it may be commonly pronounced. The phonetic transcription of "knockdowns" is /ˈnɑːkdaʊnz/. This word refers to something that has been brought down or knocked over, often used in the construction and demolition industries. It's important to remember the proper spelling and pronunciation of words to effectively communicate and avoid misunderstandings.