No, they're talking about the clearance, which is the difference between the diameter of the bolt itself (1/4") and the diameter of a hole in which the bolt loosely fits (a couple hundredths of an inch bigger than that).
No, they're talking about the clearance, which is the difference between the diameter of the bolt itself (1/4") and the diameter of a hole in which the bolt loosely fits (a couple hundredths of an inch bigger than that).