The correct spelling of the phrase "study at wait" is actually "study abroad". This phrase is commonly used to describe the act of pursuing education in a foreign country. The pronunciation of the word "abroad" is /əˈbrɔːd/, where the stress is on the second syllable. The spelling of this word reflects the etymology of the word, which comes from the Old English words "on broad" meaning "in breadth". Therefore, it is important to be mindful of the correct spelling and pronunciation when using this phrase.