Cryptic crossword clue
Like subscribers, not meant to receive rebates initially 11

The most common and most likely answer to this crossword clue is the 11 letter word UNDERSIGNED

I've seen this crossword clue in The Times
U
N
D
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R
S
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D

Buddy explains!

The straight part
We know that "Like subscribers," is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case like subscribers, = undersigned.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does UNDERSIGNED mean?

UNDERSIGNED noun
  1. The person or those people, mentioned in a document, whose names and signatures appear at the end
UNDERSIGNED adjective
  1. (of a document) having signatures at the end or bottom
  2. (of a person) having signed at the end of a document

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