Larceny - Term of the Day
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.