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may Larceny, Petty Larceny and Grand Larceny may

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Definition of Larceny

Larceny is a form of theft. Larceny involves the taking and carrying away of personal property without the owner’s consent. The terms 'petty larceny' and 'grand larceny' refer to the value of items so taken.

Petty Larceny

Petty larceny is a term used in many states for theft of a small amount of money or objects of little value (such as less than $500). Petty larceny is a misdemeanor punishable at maximum with a term in the county jail. States which only use the term "larceny," often treat theft of a smaller amounts as a misdemeanor in sentencing.

Grand Larceny

Grand larceny is the crime of theft of another's property (including money) over a certain value (for example, $500), as distinguished from petty (or petit) larceny in which the value is below the grand larceny limit.  Some states only recognize the crime of larceny, but draw the line between a felony (punishable by state prison time) and a misdemeanor (local jail and/or fine) based on the amount of the loot.

 

 

 
 
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