Marketbell is a compound noun comprised of the words "market" and "bell". Its spelling reflects the individual spellings of its root words. "Market" is spelled /ˈmɑrkɪt/ in IPA phonetic transcription, while "bell" is spelled /bɛl/. Therefore, the combined spelling of "marketbell" phonetically would be /ˈmɑrkɪtbɛl/. This unique combination of sounds creates a distinct meaning and image for the word, implying the sound of a bell that might be heard in a bustling marketplace.