The taking of property over the amount of 500 which is a felony in most states what legal term

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The taking of property over a certain value, such as $500, typically falls under the legal term "grand theft" or "grand larceny." These terms refer to the unlawful taking of someone else's property with the intent to permanently deprive them of it, and they are classified as felonies in most jurisdictions due to the value of the property involved. The specific terminology and thresholds can vary by state, but "grand theft" is commonly used in many states to describe this crime.