The spelling of the word "LABI" is recognized as [la:bi] in the International Phonetic Alphabet (IPA). The phonetic transcription indicates that the first syllable is pronounced with a long "a" sound, as in "lawn", followed by a short "i" sound, as in "bid". The spelling of the word can be tricky for those unfamiliar with the pronunciation, but the IPA transcription helps to clarify the sounds in the word. "LABI" can refer to a variety of things, from a brand name to a scientific term.