The word "Milroy" is spelled as /mɪlrɔɪ/. The first syllable, "mil," is pronounced with a short "i" sound followed by an "l" sound. The second syllable, "roy," is pronounced with a long "o" sound followed by a "y" sound. The spelling of "Milroy" is consistent with English phonetic rules, where the "i" sound is represented by the letter "i" and the "o" sound is represented by the letter "o." Understanding the IPA phonetic transcription helps in correctly pronouncing and spelling words like "Milroy."