Current lines of agreement (7)

I believe the answer is:

accords

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'current lines of agreement' is the definition.
I can't judge whether this defines the answer.

'current lines' is the wordplay.
'current' becomes 'ac' (alternating current).
'lines' becomes 'cords' (cord is a kind of line).
'ac'+'cords'='ACCORDS'

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(Other definitions for accords that I've seen before include "Agreements between two states" , "Is in harmony" , "is in agreement" .)

I've seen this clue in The Globe and Mail.

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