Fifty-fifty Definition

fĭftē-fĭftē
adjective
Shared equally between two persons or things; equal; even.
Webster's New World
Being equally likely or unlikely.
Had a fifty-fifty chance of surviving.
American Heritage
adverb
Equally; half-and-half.
Webster's New World

In half; so that both parts of the whole are equal.

I'll do the hard work, you organise the team, and we'll split profits fifty-fifty.
Wiktionary
noun
(sports) A challenge between two opposing players, where both have an equal chance of taking possession.
Wiktionary

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