Concertina piece? Not now (4)
I believe the answer is:
once
'not now' is the definition.
(at one time, but not any more)
'concertina piece?' is the wordplay.
'piece?' indicates a hidden word (I've seen 'piece of' mean this).
'ONCE' is hidden in the letters of 'concertina'.
(Other definitions for once that I've seen before include "in days of yore?" , "'... bitten, twice shy'" , "A single time" , "Long ago" , "Cone (anag.)" .)