Grand theft
From Wikipedia, the free encyclopedia
Grand theft is a felony crime in the United States defined as the theft of objects exceeding a certain monetary value, as set by statute or court ruling.
It is usually distinguished from petty theft where the value of the item taken is substantially lower in value. However, this distinction is not always the case. In the United States, for example, the theft of an automobile is usually considered Grand theft even if the vehicle is a salvage or scrap vehicle having no value or a very small value.
In the United States, the value necessary for a crime to rise from Petty to Grand theft can be as low as $100 depending on the jurisdiction, but is usually $200 or $1000.