Correct spelling for the English word "maloy" is [mˈalɔ͡ɪ], [mˈalɔɪ], [m_ˈa_l_ɔɪ] (IPA phonetic alphabet).
There is no widely recognized and official dictionary definition for the term "maloy." However, "maloy" could be derived from the Russian term "малой" (pronounced ma-LOY), which translates to "small" or "young." In this context, "maloy" could refer to an adjective used to describe something or someone as being small in size or stature, or it could be used in reference to something that is considered youthful or newly established.
Moreover, "maloy" could also be a proper noun, surname, or personal name. In such cases, it would be difficult to provide a dictionary definition as its meaning and origin would depend on the specific cultural or regional context in which it is used.
Nevertheless, it's important to note that without a broader cultural or linguistic context, the term "maloy" remains largely undefined in English. It is always recommended to consider the specific context or consult a reliable source to understand the intended meaning or connotation of an unfamiliar term.