Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
walky-talky is a noun meaning "small portable radio link (receiver and transmitter)". It carries one recorded sense.
small portable radio link (receiver and transmitter)
Definitions, synonyms and semantic relations for walky-talky come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.