Where the large light cruisers fit

Where did the Royal Navy's large light cruisers sit on the battlecruiser spectrum?

At the cruiser end, as commerce-raider hunters or raiders rather than ships intended for the battle line.

The original Courageous-type gunships, including pre-conversion Furious, sit firmly toward the cruiser end of the battlecruiser spectrum. Their value lay in hunting commerce raiders or conducting similar cruiser-style operations. Modern battleships were outside their intended opposition. Operational role therefore matters more than an unusually large hull or heavy gun.