The spelling of the word "PELTI" can be confusing as it may have multiple pronunciations depending on the context. In IPA phonetic transcription, the word can be spelled as /ˈpɛlti/ or /ˈpɛltɪ/. The first pronunciation emphasizes the "e" sound and the second puts emphasis on the "i" sound. "PELTI" can also be pronounced with a silent "t" in some dialects. Nonetheless, context plays a vital role in determining the right pronunciation.