Usually means: Resolve or reconcile financial transactions.
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We found 5 dictionaries that define the word settle accounts with:

General (4 matching dictionaries)
  1. settle accounts_with: Merriam-Webster.com
  2. settle accounts_with: Oxford Learner's Dictionaries
  3. settle accounts_with: Collins English Dictionary
  4. settle accounts_with: Wiktionary

Business (1 matching dictionary)
  1. settle accounts_with: Legal dictionary

Definitions from Wiktionary (settle accounts with)

verb:  To bring (an argument, etc.) to a peaceful but resigned conclusion.

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