  We present K-band spectra of the short-period dwarf novae YZ Cnc, LY Hya, BK
Lyn, T Leo, SW UMa and WZ Sge, the novalike variables DW UMa, V1315 Aql, RW
Tri, VY Scl, UU Aqr and GP Com, and a series of field dwarf stars with spectral
types ranging from K2-M6.
  The spectra of the dwarf novae are dominated by emission lines of HI and HeI.
The large velocity and equivalent widths of these lines, in conjunction with
the fact that the lines are double-peaked in the highest inclination systems,
indicate an accretion disc origin. In the case of YZ Cnc and T Leo, for which
we obtained time-resolved data covering a complete orbital cycle, the emission
lines show modulations in their equivalent widths which are most probably
associated with the bright spot (the region where the gas stream collides with
the accretion disc). There are no clear detections of the secondary star in any
of the dwarf novae below the period gap, yielding upper limits of 10-30% for
the contribution of the secondary star to the observed K-band flux. In
conjunction with the K-band magnitudes of the dwarf novae, we use the derived
secondary star contributions to calculate lower limits to the distances to
these systems.
  The spectra of the novalike variables are dominated by broad, single-peaked
emission lines of HI and HeI - even the eclipsing systems we observed do not
show the double-peaked profiles predicted by standard accretion disc theory.
With the exception of RW Tri, which exhibits NaI, CaI and 12CO absorption
features consistent with a M0V secondary contributing 65% of the observed
K-band flux, we find no evidence for the secondary star in any of the novalike
variables. The implications of this result are discussed.
