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larceny

n. the crime of taking the goods of another person without permission (usually secretly), with the intent of keeping them. It is one form of theft. Some states differentiate between grand larceny and petty larceny based on the value of the stolen goods. Grand larceny is a felony with a state prison sentence as a punishment and petty larceny is usually limited to county jail time.

See also: grand larceny  petty larceny  theft 



The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications