The correct spelling of the word is "Oxycone," pronounced [ˈɑksikəʊn]. The IPA phonetic transcription clarifies the pronunciation of the word, with "Oxy" sounding like "ahk-see" and "cone" rhyming with "own." Oxycone is a term used in the healthcare industry, commonly known as oxycodone. It is a prescription narcotic pain reliever used to treat moderate to severe pain. The correct spelling is important to ensure accurate communication between healthcare professionals and patients regarding medications.