Larceny Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Larceny, written in plain English, along with examples of how it is used.

What is Larceny?

(n) Larceny is the misappropriation of the goods or assets of another person with an intention to use them as his own. Larceny is a crime punishable and are classified as grand and petty Larceny based on the value of the property so misappropriated.