  I present an atlas of near-infrared K-band spectra of 31 late-type giants and
supergiants, and two carbon stars. The spectra were obtained at resolving
powers of 830 and 2000, and have a signal-to-noise ratio of 100 or higher.
These data are complemented with results from similar existing libraries in
both K- and H-band, and are used to identify various tools useful for stellar
population studies at moderate resolution. I focus on several of the most
prominent absorption features and (1) investigate the effects of spectral
resolution on measurements of their equivalent width (EW), (2) examine the
variations with stellar parameters of the EWs, and (3) construct composite
indices as indicators of stellar parameters and of the contribution from excess
continuum sources commonly found in star-forming and AGN galaxies. Among the
features considered, the CO (2,0) and CO (6,3) bandheads together with the SiI
1.59 micron feature, first proposed by Oliva, Origlia, and coworkers,
constitute the best diagnostic set for stellar spectral classification and for
constraining the excess continuum emission. The CaI 2.26 micron and MgI 2.28
micron features offer alternatives in the K-band to the CO (6,3) bandhead and
SiI feature.
