Beak grabbing old rope used for hanging (5)

I believe the answer is:

noose

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'rope used for hanging' is the definition.
'noose' can be an answer for 'rope' (I've seen this before). I also know that 'hanging' relates to this answer.

'beak grabbing old' is the wordplay.
'beak' becomes 'nose' (I've seen this in another clue).
'grabbing' indicates putting letters inside.
'old' becomes 'o' (abbreviation).
'nose' placed around 'o' is 'NOOSE'.

Can you help me to learn more?

(Other definitions for noose that I've seen before include "Device for capital punishment" , "Loop of rope with a slipknot" , "Scaffold rope" , "A loop for the hangman" , "Catcher" .)

I've seen this clue in The Telegraph.

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