The correct spelling of the word 'Speranca' is actually 'Esperança'. It is a Portuguese word meaning 'hope'. The pronunciation of this word is /ɨʃpɨˈɾɐ̃sɐ/ in IPA phonetic transcription. The first letter 'E' is pronounced as a schwa sound, followed by an 's' sound. The third syllable 'ran' is pronounced with a nasal 'ã' followed by a 'n' sound. The final syllable 'ça' is pronounced with a 's' sound and a soft 'a' sound. Learning IPA helps understand the spelling and pronunciation of words in various languages.