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theft vs. larceny

theft

[ theft ]
noun
  1. the act of stealing; the wrongful taking and carrying away of the personal goods or property of another; larceny.
  2. an instance of this.
  3. something stolen.

larceny

[ lahr-suh-nee ]
noun,
  1. the wrongful taking of someone's property or goods, removing them from their owner's posession with intent to convert them to the taker's own use.