Is featured in current record (4)
I believe the answer is:
disc
'record' is the definition.
('disc' can be a synonym of 'record')
'is featured in current' is the wordplay.
'featured in' means one lot of letters goes inside another.
'current' becomes 'dc'.
'is' going into 'dc' is 'DISC'.
(Other definitions for disc that I've seen before include "Thin circular plate, as in CD" , "CD perhaps" , "Capital of India" , "Protein-constituent acid" , "Layer of cartilege between vertebrae" .)