This rare kanji has no clear standalone meaning. Treat its meaning as uncertain.
濞 combines 氵 (water) with 鼻 (nose). The exact historical development is uncertain, but it likely relates to a water name or a sound associated with water.
Water 氵 beside a nose 鼻: imagine a nose detecting a scent carried by water, but the meaning remains unclear.
For ヒ, imagine a nose 鼻 sniffing water 氵 and letting out a small 'hee' sound: hee -> ヒ.
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