This definition is basically correct, but there is a distinctly American usage for the term "cur" that refers to certain mixed-breed (but bred, not random mongrels) hunting dogs used for treeing prey, such as the catahoula cur (aka the catahoula leopard dog, which I presume prompted this question).
Dogs which would naturally tree quarry, regardless of ancestry, were discovered, favoured, and bred [by North Americans] out of necessity, but as these contained non-pedigree, unknown, or non-European bloodlines, they were looked down upon by dog experts of the time and given the name curs.
https://en.wikipedia.org/wiki/Cur
True European hounds of the time would lose or abandon treed prey, because they were brought up to hunt ground animals (rabbit, fox, deer). But many North American prey animals lived in forested areas and were avid climbers. So the true difference between hounds and curs were whether they would pursue and stay with treed prey, ranging from raccoons to bobcats to possums to bears.
However, some hounds were then interbred with curs to develop, for example, coonhounds such as the Treeing Walker Coonhound, which are called "hounds" but are recognized as hunting dogs, the same as curs. Thus, in this North American usage of "hound" and "cur", the difference is mostly historical.