The spelling of the Polish word "kolodko" can be explained using IPA phonetic transcription. The first two letters, "ko," represent the sound /kɔ/. The following two letters, "lo," create the sound /lɔ/. The "d" in the middle is pronounced as /d/. The final "k" and "o" make up the sound /kɔ/ again. In English, the word can be translated to "pin," "peg" or "spike." It's important to understand the phonetic transcription when learning a new language to avoid mispronunciation.