Company's emblem, record and disc (4)
I believe the answer is:
logo
'company's emblem' is the definition.
(I've seen this before)
'record and disc' is the wordplay.
'record' becomes 'log' (log is a kind of record).
'and' says to put letters next to each other.
'disc' becomes 'O' (disc-shaped letter).
'log'+'o'='LOGO'
(Other definitions for logo that I've seen before include "Emblematic design" , "Corporate emblem" , "Small emblem or device" , "Brand's emblem" , "A company's printed symbol or emblem" .)