The terms theft and larceny are frequently used interchangeably, however, they are not the same.
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In most circumstances, larceny is considered a less serious offence than stealing. Theft is a broad term that covers all forms of stealing.
Theft can entail intellectual property, physical property, identity theft, and even service theft.

Larceny is a type of theft. While the specifics of larceny vary in each state, the fundamental notion remains the same.
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Larceny is defined as the theft of physical property to permanently deprive the owner of the goods. According to that definition, larceny occurs when a person steals an item or object with no intention of returning it.
Which is an example of larceny?
Examples of Larceny include thefts of bicycles, thefts of motor vehicle parts and accessories, pocket-picking, or the stealing of any property or article that is not taken by force and violence. Shoplifting is a type of larceny in which a person steals goods from a retailer.


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