Grand Larceny

Business, Legal & Accounting Glossary

Definition: Grand Larceny




What is the dictionary definition of Grand Larceny?

Dictionary Definition


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.


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Definition Sources


Definitions for Grand Larceny are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 0 Views.