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1.
1. To create a debt out of thin air.

2. To reinstate a past debt for present benefit, usually one that is trivial.

3. To create a debt out of deeds normally performed as a favor.
Ex: Gary told Robert, after agreeing to jointly rent a DVD, that he owed the full $2 due to the fact that Robert drank a glass of his orange juice.

Robert, 'you're pulling a stephen on me.'

Ex. Mark told Robert that he owed him $50 for his exercise bike, at which point Robert asked for $4 discount for a slice of pizza he purchased for Mark, seemingly as a nice gesture, over a year ago.

Ex. Marsha asked Tracy to pick up some flowers for the house at the grocery store, at which point Tracy told Marsha she owed her $3.95 plus tax.
by DennisInAtor January 19, 2011
 
2.
When one says rude, racist, or harmful things about a person or group of persons while the persons being insulted are in close prxsimity to the one who is say the hurtful phrase does not release that they are present.
"Aww man that Laura chic is so ungly" said Stephen
"Dude shes right behind you!" replied the asian student
"Awww shit I just pulled a major Stephen" Stephen stated
"I know man your always pulling a Stephen" the secret asian concluded
by pokemon master 69 December 26, 2008