Petty larceny, also known as petit larceny, is a criminal offence that involves the theft of relatively low-value or inexpensive items. It typically refers to the unlawful taking and carrying away of someone else’s property without their consent, with the intent to permanently deprive them of it, where the value of the stolen goods falls below a certain statutory threshold. The threshold value distinguishing petty larceny from grand larceny varies by jurisdiction but is generally lower than the value of property required for a charge of grand larceny. Petty larceny is often considered a misdemeanor offence, punishable by fines, probation, community service, or short-term imprisonment, depending on the severity of the offence and the laws of the jurisdiction.
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This glossary post was last updated: 29th March 2024.
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