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One theory of the origin of even-steven and even-stevens is a line in Journal to Stella by Jonathan Swift: “‘Now we are even,’ quote Steven, when he gave his wife six blows to one.” Another theory of the origin of even-steven is that steven or stephen was a British slang term for money, according to A Dictionary of Slang and Colloquial English by John Stephen Farmer and William Ernest Henley. Thus, when two people are even-steven, their financial contributions are equal.
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