home·work/ˈhōmˌwərk/
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“Homework, or homework assignment, refers to tasks assigned to students by their teachers to be completed outside of class. Common homework assignments may include a quantity or period of reading to be performed, writing or typing to be completed, problems to be solved, a school project to be built (such as a diorama or display), or other skills to be practiced.”
Source: http://en.wikipedia.org/wiki/Homework
What Is The Purpose of Homework?
1. Reinforces ideas and concepts.
2. Helps teachers determine whether or not students have mastered those ideas and concepts.
3. Keeps parents connected.
4. Provides students with an opportunity to study a subject in-depth.
5. Teaches responsibility and accountability.
6. Prepares children for the demands of college and the work force.
More at http://www.family-homework-answers.com/purpose-of-homework.html