This rare kanji has no clear standalone meaning. Treat its meaning as uncertain.
峲 combines 山 (mountain) with 利, but the exact historical development and original meaning are uncertain.
The top is 山 (mountain) and the bottom is 利 (profit, sharp). Picture a sharp mountain peak that brings profit to climbers, but remember the meaning is uncertain.
For リ, imagine a mountain that looks like a reed (リード) growing sharp and profitable: reed -> リ.
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