Definition of even out phrasal verb from the Oxford Advanced American Dictionary

 

even out

 phrasal verb
phrasal verb
 
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Phrasal Verbs
to become level or steady, usually after varying a lot House prices keep rising and falling but they should eventually even out.

even somethingout

 
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to spread things equally over a period of time or among a number of people He tried to even out the distribution of work among his employees.
See the Oxford Advanced Learner's Dictionary entry: even out