A Third-Degree Felony is a type of crime that is considered less severe than first- and second-degree felonies but more serious than misdemeanors. Examples of third-degree felonies can include offenses like burglary, drug possession, or assault. The penalties for a third-degree felony often involve imprisonment for a period of up to five years and may include fines. In many jurisdictions, the specific consequences for a third-degree felony can vary based on the circumstances of the crime and the offender's criminal history. Individuals convicted of a third-degree felony may also face challenges such as difficulty finding employment or housing due to their criminal record.