IPA: //ˈʃɑːdənˌfrɔɪdə//
KK: /ˈʃɑːdənˌfrɔɪdə/
A feeling of joy or satisfaction that comes from seeing someone else's difficulties or misfortunes.
She felt a sense of schadenfreude when her rival failed the exam.
Schadenfreude is a German word formed from "Schaden" (meaning harm or damage) and "Freude" (meaning joy). It describes the feeling of pleasure derived from someone else's misfortune.
Think of feeling 'joy' ('Freude') from someone else's 'harm' ('Schaden') — that's what schadenfreude means.
No commonly confused words.