Hood's intended role versus wartime employment

Did the Royal Navy intend to use Hood as a battlecruiser or a fast battleship in 1939?

As a battlecruiser in planning, but wartime necessity pushed her into the fast-battleship role.

Royal Navy plans and Hood's refits were shaped by a global commerce-war role. The immediate German threat instead required capital ships for North Atlantic battle, while the Mediterranean and Far East demands developed in a different sequence from prewar expectations. Hood was therefore employed as a fast battleship even though the navy still understood her as a battlecruiser. The mismatch between planned strategy and the actual order in which enemies entered the war helps explain her historical assignments.