@Diakulych Mykola Phraselist provides a way to enhance the recognition accuracy, in this case are you trying to replace words of recognized text in the output? If that is the case, I think you would need to use custom speech model as phraselist can help in recognition of words that could be misinterpreted from speech. As in the example below from documentation:
For example, let's say that you want the Speech service to recognize this sentence: "Hi Rehaan, this is Jessie from Contoso bank. " After testing, you might find that it's incorrectly recognized as: "Hi everyone, this is Jesse from can't do so bank." In this case you would want to add "Rehaan", "Jessie", and "Contoso" to your phrase list. Then the names should be recognized correctly.
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