The shear is the way on the bed, the ground/scraped flat surfaces the carriage runs on. There are two of them, the front one and the rear one. The carriage sits on the wide top flat surfaces, but the turning load generated by the tool is taken by the vertical surface of the front shear. This is where wear takes place. The vertical surface of the rear shear is machined on most (but not all ) lathes but is not used as a contact surface. The trick is to attach via screws or loctite a strip of gauge plate to the surface of the carriage such that it contacts the vertical surface of the rear shear, and guides it, moving the carriage clear of the worn front shear surface.
JA Radford mentions it in his book Accessories and Improvements for your Lathe, still in print. It has been covered in ME and MEW over the years, and discussed on this site so a bit of searching should dig up details. I think there was an article in MEW recently on refurbishing a Myford that mentioned it but without a lot of detail.