This rare kanji has no clear standalone meaning. Treat its meaning as uncertain.
狕 combines 犭 (animal) with 幼, but the exact historical origin and meaning are uncertain. It may have been a specific animal name or a variant form.
The animal radical 犭 beside 幼 (young) suggests a young animal, but the actual meaning is unknown.
For オウ, imagine a young animal making a small 'ow' sound: ow -> オウ, tying the young animal shape to the reading.
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