IPA: //ˈspoʊkʃeɪv//
KK: /ˈspoʊkˌʃeɪv/
A tool used for shaping wood, especially to create rounded edges or curves, typically with handles on both ends.
The carpenter used a spokeshave to smooth the edges of the wooden chair leg.
Spokeshave is formed from "spoke" (from Old English *spoca*, meaning a rod or bar) and "shave" (from Old English *sceafan*, meaning to cut or scrape). The word refers to a tool used for shaping the spokes of a wheel by cutting or scraping them.
Think of a tool that 'cuts' ('shave') the 'rods' ('spoke') used in wheel construction — that's what a spokeshave does.
No commonly confused words.