Define: Grand Larceny

Grand Larceny
Grand Larceny
Quick Summary of Grand Larceny

Grand larceny is a serious criminal offense involving the unlawful taking of property or assets belonging to another person or entity, typically of significant value. The specific criteria for classifying theft as grand larceny can vary by jurisdiction, but it generally involves theft of property valued above a certain threshold, often set by statute. Grand larceny is distinguished from petty larceny, which involves theft of property of lesser value. The penalties for grand larceny can be severe and may include imprisonment, fines, restitution to the victim, and other consequences depending on the circumstances of the offense and the laws of the jurisdiction.

What is the dictionary definition of Grand Larceny?
Dictionary Definition of Grand Larceny

n. 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 misdemeanour (local jail and/or fine) based on the value of the loot.

Grand Larceny FAQ'S

Grand larceny is a serious criminal offence involving the unlawful taking and carrying away of someone else’s property with the intent to permanently deprive the owner of their property.

Grand larceny typically involves theft of property above a certain statutory value threshold, whereas petit larceny involves theft of property below that threshold. The specific threshold varies by jurisdiction.

Examples of acts that may constitute grand larceny include stealing a motor vehicle, embezzling funds from an employer, shoplifting high-value items, or stealing expensive jewellery.

The punishment for grand larceny varies depending on the jurisdiction, the value of the stolen property, and other factors. It may range from fines and probation to imprisonment, with more severe penalties for higher-value thefts.

Grand larceny is typically considered a felony offense, as it involves theft of property above a certain value threshold, which is generally considered more serious than petty theft or misdemeanour larceny.

Yes, intent to permanently deprive the owner of their property is a key element that must be proven in grand larceny cases. This intent can be inferred from the circumstances surrounding the theft.

person be charged with grand larceny if they did not physically take the property?

Yes, a person can be charged with grand larceny if they were involved in planning, aiding, or abetting the theft, even if they did not physically take the property themselves.

Depending on the circumstances of the case, grand larceny charges may be subject to reduction through plea bargaining or dismissal if there is insufficient evidence or procedural irregularities.

Grand larceny specifically involves the theft of property above a certain value threshold, whereas other theft-related offenses such as burglary, robbery, or embezzlement may involve different elements or circumstances.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 28th March, 2024.

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