Crossword Genius

Initial letters clue? (8)

Ross

I believe the answer is:

signpost

I'm a little stuck... Click here to teach me more about this clue!

'clue?' is the definition.
(I've seen this before)

'initial letters' is the wordplay.
'initial' becomes 'sign' (I can't explain this - if you can you should give a lot more credence to this answer).
'letters' becomes 'post' (letters in the mail or post).
'sign'+'post'='SIGNPOST'

Can you help me to learn more?

(Other definitions for signpost that I've seen before include "Direction indicator" , "pointer along the way" , "Route indicator" , "Indication of direction" , "Wayside indicator" .)

I've seen this clue in The Times.
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