IPA: /ɪˈlɪp.sɔɪd/
KK: /ɛˈlɪp.sɔɪd/
A three-dimensional shape that looks like a stretched or flattened sphere, where all cross-sections are either ellipses or circles.
The planet Earth is not a perfect sphere but an ellipsoid, slightly flattened at the poles.
Ellipsoid → It is formed from "ellips" (from Greek "elleipsis", meaning a falling short or deficiency) and "-oid" (meaning resembling or having the form of). The word "ellipsoid" refers to a shape that resembles an ellipse.
Imagine a shape that 'resembles' ('-oid') an 'ellipse' — that's how you remember that an ellipsoid is a shape similar to an ellipse.