The difference between Filch and Theft
When used as nouns, filch means something which has been filched or stolen, whereas theft means the act of stealing property.
Filch is also verb with the meaning: to illegally take possession of (especially items of low value).
check bellow for the other definitions of Filch and Theft
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Filch as a verb (transitive):
To illegally take possession of (especially items of low value); to pilfer, to steal.
Examples:
"Hey, someone filched my wallet!"
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Filch as a noun:
Something which has been filched or stolen.
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Filch as a noun:
An act of filching; larceny, theft.
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Filch as a noun (obsolete):
A person who filches; a filcher, a pilferer, a thief.
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Filch as a noun (obsolete):
A hooked stick used to filch objects.
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Theft as a noun:
The act of stealing property.