noun
larceny
LAR-suh-nee/ˈlɑːrsəni/
The unlawful taking of someone else's personal property.
Taking the wallet from another person's bag is larceny.

Etymology
Latin latrocinium referred to robbery, including highway robbery and piracy. In English, larceny became a legal term for the wrongful taking of another person’s personal goods.
In context
theft sometimes known as larceny petty theft grand theft