Which crime type is characterized by "grand larceny"?

Grand larceny is defined as the theft of items valued above a specific monetary threshold set by state or federal law. This classification of theft differentiates it from petty larceny, where the value of the stolen items falls below that threshold. In many jurisdictions, the threshold for grand larceny may vary, but it generally involves more severe penalties than those associated with petty larceny due to the higher value of stolen goods. This distinction is important in the legal system, as it influences the charges brought against an individual, the severity of penalties, and potential implications for their criminal record.

In contrast, theft of low-value items would fall under petty larceny, the unauthorized use of a vehicle is classified as auto theft or vehicle theft, and breaking and entering refers to illegal entry into a building or structure with the intent to commit a crime. Each of these other options represents different types of criminal activities that do not meet the criteria established for grand larceny.