What does it mean when someone is charged with grand theft?

When someone is charged with grand theft, it specifically refers to the act of taking property that is valued significantly higher than a legally defined threshold. This threshold is established by law and can vary by jurisdiction, but it generally identifies the line between petty theft (which involves smaller amounts) and grand theft. The distinction is important because grand theft is often charged as a felony, which carries more severe penalties than misdemeanor charges associated with petty theft.

Unlike charges for petty theft, which involve low-value items, grand theft involves the unlawful taking of more valuable property, typically exceeding a specific dollar amount. This designation underscores the legal system's recognition of the seriousness of stealing higher-valued items, which can result in more significant consequences for the accused.