bolt (n.) Look up bolt at Dictionary.com
Old English bolt "short, stout arrow with a heavy head;" also "crossbow for throwing bolts," from Proto-Germanic *bultas (source also of Old Norse bolti, Danish bolt, Dutch bout, German Bolzen), perhaps originally "arrow, missile," and from PIE *bheld- "to knock, strike" (source also of Lithuanian beldu "I knock," baldas "pole for striking").

Applied since Middle English to other short metal rods (especially those with knobbed ends): meanings "stout pin for fastening objects together" and "part of a lock which springs out" are both from c. 1400. A bolt of canvas (c. 1400) was so called for its shape. Adverbial phrase bolt upright (like a bolt or arrow) is from late 14c. Meaning "sliding metal rod that thrusts the cartridge into the chamber of a firearm" is from 1859. From the notion of an arrow's flight comes the bolt of lightning (1530s) and the sense of "a sudden spring or start" (1540s).
bolt (v.) Look up bolt at Dictionary.com
from bolt (n.) in its various senses (especially "a missile" and "a fastening"); from a crossbow arrow's quick flight comes the meaning "to spring, to make a quick start" (early 13c.). Via the notion of fleeing game or runaway horses, this came to mean "to leave suddenly" (1610s). Meaning "to gulp down food" is from 1794. The meaning "to secure by means of a bolt" is from 1580s. Related: Bolted; bolting.