Can anybody explain what the Account Private Key is used for?

What is the difference in between the Brave Wallet seed phrase used for recovery and the account private key that comes with a disclaimer saying that it is a recovery key? The later can be found by going to your account, click on the pencil and click on “Private key”

Good question. Posted a link to an article by MetaMask. I think it works the same way for Brave Wallet.

User Guide: Secret Recovery Phrase, password, and private keys

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I read it and it seems pretty cool, according to Metamask I should be able to import my Brave Wallet into Metamask with the private key.

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