The word "SMASE" has an unusual spelling, but its pronunciation can be explained using IPA phonetic transcription. The first two letters "SM" represent the voiceless alveolar fricative /s/ and the voiced bilabial nasal /m/. The next two letters "AS" represent the short vowel /æ/ and the voiceless alveolar fricative /s/. Finally, the last letter "E" is pronounced as the schwa sound /ə/. Therefore, the correct pronunciation of the word "SMASE" would be /smæsə/.