What is misdemeanor larceny?
Larceny is theft/stealing, the taking of anothers property with the intent to permanently deprive them of the property. Whether it's a misdemeanor or a felony depends on what the dollar amounts are in your particular state. On average $1000.00 or more in value of the item(s) taken makes the larceny a felony. Below that amount is either a petty misdemeanor or gross misdemeanor.
ADDED: In addition to dollar limitation on the amount which differentiates a misdemeanor and a felony - - there is the jail time specified in the statute. Any jail time of NOT MORE THAN one year is a misdemeanor.