The term 'PEAK IN VALAIS' can be summarized as a mountain peak located in the Swiss canton of Valais. The crossword solution for this term is ALP, which is an abbreviation for the German word 'Alpen', meaning Alps. The Alps are a mountain range that stretches across much of Europe, and Valais is one of the cantons located within the Alps. Therefore, the term 'PEAK IN VALAIS' refers to a mountain peak located in the Swiss canton of Valais, which is part of the larger Alpine mountain range.